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This is CBS Eye in the World. I'm John Bachelors.

Pakistan, a nation that deviled by natural catastrophes and man-made catastrophes these last years.

I'm thinking of the flood, the famine, and the attacks by the Taliban in Pakistan against the frontier.

Now, a mass murder of a party sympathetic to the Taliban, a mass murder said to have been launched by ISIS.

All of this turmoil and elections, I welcome our prophet of globally news to help me understand the governance of Pakistan in this vulnerable time.

And what happens next? The Sharif government has announced that it will step down or step aside to a new election process.

But that in itself requires explanation.

The national assembly meets for a few more weeks.

And then after that, there's a time period in which there will be a caretaker government.

Why does that matter? Because our reports, they need money.

Our for very good evening to they need a lot of money.

And how can they raise that quickly, presuming there is a caretaker government? Good evening to you.

Hi, John. Thank you for having me on.

Well, Pakistan much like Egypt is in serious economic distress.

They traditionally defer to their Gulf Arab partners for the quick confusion of cash.

They've relied on them for decades.

Now, the Gulf Arab states are saying we're not going to play by those rules again.

We want skin in the game. We want equity.

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