Why Pak’s 13th bailout will also be its toughest

Islamabad’s cycle of financial crashes and bailouts has also been about taking the lender's money but dragging its heels on economic reforms that should follow. This time the loan terms with IMF are likely to be tougher, including a closer scrutiny on the debt it owes to China. Pakistan knows this and has shown some signs of following the path.

from Times of India https://ift.tt/2pRFZ2b

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