Pakistan IMF Loan: IMF did not give loan, behaved like ‘beggar’, scolded Pakistanis, told ‘enemy’ connection – amid biggest economic crisis experts feel imf should be more flexible for Pakistan
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Bad track record becomes a big problem
Pakistan’s track record is very bad in debt repayment, this is known to all. But now some people have even started saying that perhaps all this could be a part of an international conspiracy. Because of this conspiracy, the IMF is being prevented from entering into a staff level agreement with Pakistan. The press conference that was held was extraordinary in itself. Officials have accused the IMF of constantly changing its terms. Whereas earlier the organization had expressed consent to the previous action.
Conspiracy of enemy countries
On the other hand, according to some experts, the IMF or some enemy countries can be blamed for this situation. The experts of Pakistan did not name any country but also said that these are the countries which have enmity with Pakistan and have become superpowers today. It is believed that this gesture is towards India.
Pakistan Rupee Crisis: IMF gave such a blow to Pakistan which became ‘beggar’, Pakistani rupee reached hellAccording to him, no one can deny that today Pakistan is in a very bad condition. This is because it no longer has the confidence to get the bailout package from the IMF. Also, turning to the dollar on behalf of friendly countries can save it from poverty. After about three months, Ishaq Dar refused to accept the conditions laid down by the IMF.
IMF will have to be flexible
If media of Pakistan is to be believed then enemy countries have also taken side of IMF. Some countries are helping Pakistan only till the bailout package is found. Lack of credibility is the biggest problem for Pakistan. Due to the political drama, the trust in the country is also decreasing. Don has written in his editorial that in these circumstances to expect the IMF to come with you is nothing but foolishness. According to experts, the fund should show some flexibility on these terms to prevent the country’s economic crisis from getting out of hand.
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