October 23, 2008

Begging Bowl Is Out For Pakistan

Pakistan has sought an emergency bail-out from the IMF, a humiliating step forced on Islamabad after allies refused to come up with cash . Pakistan’s finance minister, Shaukat Tareen, said recently that going to the IMF was his “plan C”, but Islamabad has been stung by rebuffs from its closest international partners – China, the [...]