Imf Graces Otherwise Pakistan cannot manage its economy

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Pakistan failed to meet 16 of the 28 conditions it had set before the International Monetary Fund (IMF) approved $1.1 billion. These include the condition of increasing foreign exchange reserves. Despite these failures of the Pakistani government, the IMF approved the loan, so it is believed that this happened thanks to the help of the United States. There is a lot of speculation about this in political circles.

Bajwa had called the US Secretary of State
Pakistan Army Chief General Qamar Javed Bajwa had called US Deputy Secretary of State Wendy Sharman for help in getting the loan. In this, he called for the US to use its influence at the IMF. According to some discussions, then America had put some conditions. Bajwa is said to have agreed. After that America helped Pakistan.

The IMF imposes eight new conditions on $1.1 billion in debt
However, despite meeting only 12 conditions out of 28, the IMF has given 1.1. He has approved a billion-dollar loan, but in return has imposed eight new conditions. Apart from this, the IMF has given a new deadline to fulfill the conditions which Pakistan failed to fulfill. Information on Pakistan’s registration in terms of conditionality and imposition of new conditionality has emerged from the details of the IMF’s seventh and eighth review meetings. The details were released on Friday.

Growing discontent in Shahbaz’s government
Meanwhile, there have been indications that all is not well within the Shahbaz Sharif government on matters of economic management. There is growing discontent among the leaders of the ruling Pakistan Muslim League (Nawaz) over the country’s dire economic situation and the way it is being managed. Clear signs of this came on Friday, when Finance Minister Miftah Ismail said there are still 13 months left in the current government’s term, but he may not be finance minister for that entire period.

Leaders of the ruling party expressed their displeasure
At a function in Karachi, Ismail said: “There are still 13 months left for my government, but I may not have that much time.” PML-N chief Nawaz Sharif is said to be unhappy with the performance of the Shahbaz Sharif government in the economic field. At a recent meeting of ruling party leaders, he bluntly expressed his displeasure.

Nawaz Sharif is not happy with Finance Minister Miftah Ismail
Senior Journalist Suhail Waraich met Nawaz Sharif in London recently. After that, in a conversation with the news channel, he said, “Ex-Prime Minister Miftah is very unhappy with Ismail’s work. Nawaz Sharif is of the opinion that only Isaac Dar can cure the country’s ailing economy.

After the review report, the problems of the Sharif and Ismail government will increase.
It is understood that after the reports of the IMF review meetings come out, the problems of Sharif and Miftah Ismail’s government will increase. Critics will have a chance to say that Sharif’s government is proving incapable of managing the economy after it was revealed that most of the IMF’s conditions are being met.

Observers have warned that this time the loan repayment could have been approved with US help, but the US will not always come forward to help.

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Pakistan failed to meet 16 of the 28 conditions it had set before the International Monetary Fund (IMF) approved $1.1 billion. These include the condition of increasing foreign exchange reserves. Despite these failures of the Pakistani government, the IMF approved the loan, so it is believed that this happened thanks to the help of the United States. There is a lot of speculation about this in political circles.

Bajwa had called the US Secretary of State

Pakistan Army Chief General Qamar Javed Bajwa had called US Deputy Secretary of State Wendy Sharman for help in getting the loan. In this, he called for the US to use its influence at the IMF. According to some discussions, then America had put some conditions. Bajwa is said to have agreed. After that America helped Pakistan.

The IMF imposes eight new conditions for a debt of 1.1 billion dollars

However, despite meeting only 12 conditions out of 28, the IMF has given 1.1. He has approved a billion-dollar loan, but in return has imposed eight new conditions. Apart from this, the IMF has given a new deadline to fulfill the conditions which Pakistan failed to fulfill. Information on Pakistan’s registration in terms of conditionality and imposition of new conditionality has emerged from the details of the IMF’s seventh and eighth review meetings. The details were released on Friday.

Growing discontent in Shahbaz’s government

Meanwhile, there have been indications that all is not well within the Shahbaz Sharif government on matters of economic management. There is growing discontent among the leaders of the ruling Pakistan Muslim League (Nawaz) over the country’s dire economic situation and the way it is being managed. Clear signs of this came on Friday, when Finance Minister Miftah Ismail said there are still 13 months left in the current government’s term, but he may not be finance minister for that entire period.

Leaders of the ruling party expressed their displeasure

At a function in Karachi, Ismail said, “There are still 13 months left for my government, but I may not have that much time.” PML-N chief Nawaz Sharif is said to be unhappy with the performance of the Shahbaz Sharif government in the economic field. At a recent meeting of ruling party leaders, he bluntly expressed his displeasure.

Nawaz Sharif is not happy with Finance Minister Miftah Ismail

Senior Journalist Suhail Waraich met Nawaz Sharif in London recently. After that, in a conversation with the news channel, he said, “Ex-Prime Minister Miftah is very unhappy with Ismail’s work. Nawaz Sharif is of the opinion that only Isaac Dar can cure the country’s ailing economy.

After the review report, the problems of the Sharif and Ismail government will increase.

It is understood that after the reports of the IMF review meetings come out, the problems of Sharif and Miftah Ismail’s government will increase. Critics will have a chance to say that Sharif’s government is proving incapable of managing the economy after it was revealed that most of the IMF’s conditions are being met.

Observers have warned that this time the loan repayment could have been approved with US help, but the US will not always come forward to help.

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