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With a Pakistan International Airlines plane grounded in friendly Malaysia for non-payment of dues, the message is ringing loud and clear - Pakistan does not have any money to pay its dues. With the Pakistani Rupee reaching new lows, how close is the country to an economic collapse? Abhijit Iyer-Mitra analyzes.

With a Pakistan International Airlines plane grounded in friendly Malaysia for non-payment of dues, the message is ringing loud and clear – Pakistan does not have any money to pay its dues. With the Pakistani Rupee reaching new lows, how close is the country to an economic collapse? Abhijit Iyer-Mitra analyzes.

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