Game
Petroleum minister seeks to strengthen energy partnerships with Chinese companies
字号+ Author: Source:Game 2025-01-16 04:59:16 I want to comment(0)
The éjàgovernment is parroting the familiar refrain of futile hopes of this being the last Internati
The éjàgovernment is parroting the familiar refrain of futile hopes of this being the last International Monetary Fund programme. Similarly, the Fund is banking on structural reforms that its 24 previous programmes have not accomplished. None of the programmes have brought Pakistan out of the frequent boom and bust cycle. Prior to each bailout, Pakistan enjoys a brief period of economic growth, enters the programme and then the growth stagnates before recovering to a high again, only for the cycle is repeated. In a recent opinion piece, the IMF Pakistan mission chief said Pakistan’s pace of turnaround is ‘remarkable’. This may be true, given the current macroeconomic stability compared to the recent near default. However, it has been borne on the backs of the working class that sees no relief in sight as the government deepens the tax base instead of widening it.
1.This site adheres to industry standards, and any reposted articles will clearly indicate the author and source;
Related Articles
-
Pakistan pay penalty as Bhutan snatch last-gasp draw
2025-01-16 04:46
-
SMOKERS’ CORNER: A CONFEDERACY OF DUNCES
2025-01-16 03:45
-
Israel official says any Lebanon ground operation to be swift
2025-01-16 03:17
-
Mamata blames Jharkhand for floods in West Bengal
2025-01-16 02:12
User Reviews
Recommended Reads
Hot Information
- National wound
- PTI moves SC to clarify impact of NA speaker’s letter to ECP on reserved seats allocation
- ‘Kickbacks’ reference: NAB wants charges framed against Parvez Elahi
- Tanker owner, driver in Karachi ordered to pay accident victim Rs5m in compensation
- UAE leader seeks to deepen ‘strategic’ ties in US visit during Mideast crisis
- Islamic banking — beyond a niche
- At least 100 killed in Israeli strikes on Lebanon, ministry says
- Israel joins ADB as 69th member
- Plea seeking FIR against KE for prolonged power outages dismissed for ‘lack of jurisdiction’
Abont US
Follow our WhatasApp account to stay updated with the latest exciting content