Getting worse before getting betterThere seems more than a grain of truth in news circulating about the government finally signing a bailout program with the IMF. Hopefully they will not deny it any longer any let some sense of sanity return to the capital market as well. Going by the grapevine, the program is going to be to the tune of $12 billion. IMF, therefore, was only a ‘sooner or later’ question. It will certainly get a lot worse before it gets any better.

Source: Pakistan Today March 04, 2019 08:37 UTC