Pakistan at beginning of worst economic crisis since country’s formation: Report

Pakistan at beginning of worst economic crisis since country’s formation: Report

Pakistan is currently at the beginning of the worst economic crisis since the country’s formation in 1947, Geo-politik reported. According to Geo-politik, Pakistan has taken fourteen loans from the IMF thus far, but ironically none of them has ever been completed. This, therefore, raises serious questions about the capacity and capability of the Pakistan state … Read more

IMF places new demands before Pakistan for holding policy-level talks next week

IMF places new demands before Pakistan for holding policy-level talks next week

The International Monetary Fund (IMF) has concluded its first round of “tough talks” with Pakistan and said that Fund will share nine tables — comprising macroeconomic and fiscal framework — with the Pakistan authorities which will pave way for holding policy-level talks next week, reported Geo News. If Pakistan and IMF reach a consensus by … Read more