• Monday, August 15, 2022

FEATURES

‘Path of thorns’: An IMF bailout set to impede Pakistan prime minister’s populist agenda

Imran Khan

By: Sarwar Alam

From cutting power subsidies to forcing currency devaluations that stoke inflation, the hard choices facing Pakistan as it seeks a bailout from the International Monetary Fund (IMF) pose a major headache for populist new prime minister Imran Khan. Pakistani officials met IMF representatives this week in Bali and formally requested Islamabad’s 13th bailout since the late 1980s to give the economy breathing room, while they implement reforms aiming to end decades of boom and bust cycles. On top of lending the nuclear armed state billions of dollars to avert another balance of payments crisis, the IMF is this time expected…

You do not have access to this content. You need to subscribe.

Eastern Eye

Related Stories

Eastern Eye

Videos

Mrunal Thakur on Dhamaka, experience of working with Kartik Aaryan,…
Nushrratt Bharuccha on Chhorii, pressure of comparison with Lapachhapi, upcoming…
Abhimanyu Dassani on Meenakshi Sundareshwar, how his mom Bhagyashree reacted…