Shehbaz Sharif’s coalition government seems balking at biting the bullet of fiscal reform
Economy
“All roads to restoring economic stability lead through IMF,” PBC said in a series of tweets. “Without revival of the programme, no further help from friendly countries is likely,” PBC said.
Currency dealers said that demand of dollar is not declining and this factor is not allowing the local currency to stay at any point.
Ayaz Sadiq said a transparent accountability would take place when the accountability system is transparent, a new NAB chairman is appointed, and, most importantly, the staff who reshuffled things is transferred or re-appointed in a transparent manner.
Even after forging an agreement with the IMF, Islamabad will have to persuade the Fund to restart a $6 billion programme that has been inactive for some time.
Before Tuesday’s meeting, PM Shehbaz has started consultations with all allies, reminding them of the critical role they can play in developing a consensus on difficult decisions.
PM ordered the Minister for National Food Security and Research, Tariq Bashir Cheema, to set up an urgent committee to ensure the distribution of imported wheat in the provinces is transparent
Pakistan, in this heatwave, is experiencing a food deficit, especially in Balochistan and other remote areas. Is India’s recent prohibition…