IMF’s $1 Billion Gamble: Aid or Enabling? Pakistan’s Bailout Raises Eyebrows Globally
In a decision that’s capturing attention and sparking inquiries within financial and political realms, the International Monetary Fund (IMF) has sanctioned the disbursement of a $1 billion loan to Pakistan, which is a component of a broader bailout initiative designed to stabilize the nation’s struggling economy.However, not all are persuaded that it’s a prudent decision. A Lifeline or a Loop? For Pakistan, the loan is a desperate lifeline. The country is battling record inflation, a plunging rupee, soaring unemployment, … Read more