Former PM Abbasi criticized Pakistan's IMF bailout decision, calling it an admission of failure, and highlighted internal debt as the main challenge.
Former Pakistan Prime Minister Shahid Khaqan Abbasi criticized the government's decision to seek a bailout from the International Monetary Fund (IMF), calling it an admission of failure. He emphasized that the economy's indicators are negative, and such agreements with the IMF can lead to stalled economic growth and rising inflation. Abbasi also highlighted internal debt as Pakistan's foremost challenge and criticized the government's inability to address its own issues.
April 28, 2024
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