đą Pakistan & IMF Deal â Relief or Another Trap? đ°đ
Pakistan and the International Monetary Fund (IMF) have reached a staff-level agreement for a new $1.3 billion loan. This agreement will span 28 months and also includes the first review of the previous 37-month bailout program. Once approved, Pakistan will have access to a total of $2 billion. đ
â The Real Questions:
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Will this deal stabilize Pakistanâs economy or add more pressure?
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Will it reduce inflation or put more burden on the public?
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Is this a step towards economic recovery or just temporary relief?
đŠ IMFâs Role â A Lifeline or a Trap?
IMF agreements are nothing new for Pakistan, but they always come with tough conditions:
đč Further hikes in electricity and gas prices? âĄ
đč More tax burden on the public? đž
đč Stricter financial policies restricting growth? đ
Pakistan's economy is at a crossroadsâshort-term relief or long-term dependency? What do you think? Drop your thoughts in the comments! đ