Snapshots

Pakistan: The Political Cost of Islamabad's New IMF Loan

May 13, 2019 | 21:15 GMT

After months of negotiation, Pakistan's faltering economy received a lifeline May 12 after Prime Minister Imran Khan’s government secured the country's 22nd loan from the International Monetary Fund. But while this latest tranche of funding will help Islamabad stave off an economic crisis in the short term, the tough austerity measures tied to its disbursement over the next three years risk spurring unrest that could undermine Khan's political support. ...

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