In an era of confrontationWhile the political landscape remains murky, economic wizards will heave a sigh of relief that Pakistan has finally entered its 13th IMF (International Monetary Fund) bailout since the eighties. Nonetheless he will need a lot of luck to see the IMF programme through; as Islamabad is notorious for leaving the IMF programmes once crunch time is over. Luckily for the government, it has full support of the military that in its recent corps commanders meeting has fully endorsed its economic agenda. The Army chief by virtue of being member of the newly minted National Development Council has formally taken full ownership of the government’s economic policies. In fact, even before being inducted he was advising the government on economic issues including key appointments in the economic team.

Source: Pakistan Today July 06, 2019 18:00 UTC