• Why Pakistan Is on the Road to Another IMF Bailout

    14 days ago - By Washington Post

    Pakistan's economy is going through a familiar boom-and-bust cycle that sees it back at the door of the International Monetary Fund. Debt is soaring, the current-account deficit is widening, reserves are falling and the currency has been devalued multiple times since December. Imran Khan's new government has put together a team to meet with the IMF about yet another aid package, with his finance minister Asad Umar leading negotiations.
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