Pakistan trapped in cycle of IMF bailouts amid chronic economic strains: Report

Pakistan trapped in cycle of IMF bailouts amid chronic economic strains: Report

Pakistan’s heavy reliance on International Monetary Fund (IMF) support highlights the scale of its economic vulnerabilities and the lack of sustained reforms, according to a new report cited by IANS on Saturday. The analysis stressed that IMF loans will always provide cash for short-term survival rather than long-term recovery, thus making the country continue to be in…

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