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‘Normal country’ doesn’t need IMF
By Shahbaz Rana Published in The Express Tribune on May 13, 2024 ISLAMABAD: A “normal” country does not need an International Monetary Fund programme but Pakistan’s next few years seem difficult without its support, according to Foreign, Commonwealth and Development Office (FCDO) of the UK Chief Economist Professor Adnan Khan. In an interview with The Express Tribune, […]
Spending restrictions
Published in Dawn on May 13, 2024 THE consistent contraction in the size of the federal Public Sector Development Programme for the past three years is yet another sign of Pakistan’s lingering financial and economic crisis. New official data shows that the government has squeezed federal infrastructure development to Rs353bn — less than 0.4pc of GDP —[…]