Pakistan: Will Imran Khan’s Hybrid Debt Servicing Strategy Work?

Taking assistance of the IMF rather than sundry investors remains the sensible course but Mr Khan is concerned over questions on CPEC and cut on subsidies Pakistan has a deficit of $ 18 billion of which $ 12 billion is debt servicing for which the country does not have any resources, as per Finance Minister Asad Umar. Taking the assistance of the International Monetary Fund (IMF) remains the most sensible course but Prime Minister Imran Khan is concerned that too many questions will be raised over Pakistan’s servicing of loans for the China Pakistan Economic Corridor (CPEC) and constraints will be applied on subsidies that are required for financing the grandiose welfare schemes that are part of Khan’s plan for converting Pakistan into a welfare state on the Medina model or Scandinavian  form of social democracy with an Islamic character...................

Please or to Read More Entire Article

Related Tags

Related Article

Article by Same Author

In case you come across any suspicious activity, any suspicious movement or have any information to tell to the Anti-Terror Squad, please take a note of the new ALL INDIA TOLL-FREE Terror Help-line '1090'. Your city's Police or Anti-Terror squad will take action as quickly as possible. Remember that this single number 1090 is valid all over india. This is a toll free number and can be dialled from mobile phones also. Moreover, the identity of the caller will be kept a secret.

Please try to make aware each and every citizen of india about this facility.

Helpline 1090