Posts Tagged ‘aid
Pakistan and IMF concludes talks in Dubai.
// –>
// –>
Pakistan and the International Monetary Fund concluded on Thursday their negotiations on a proposed macro-economic stabilisation programme for the country.
The talks that began in Dubai on Oct 21 focussed on a policy framework for a possible rescue package for Pakistan to help prevent an economic meltdown.
Pakistan will now send a letter of intent [...]
What if Pakistan does default? – M.B. Naqvi writes from Karachi
// –>
// –>
Ref: Daily Times
DEFAULT is a dreaded likelihood. BoP crunch worries the government and the media. One concurs, and regards the situation as dangerous. A naughty thought arises though: What precisely will happen if indeed the dreaded meltdown happens? Who will gain and who will lose? Since the future of the economy is everybody’s [...]