Even if the administration is successful in obtaining the IMF rescue programme, according to former finance minister Miftah Ismail, things will “remain tight” on the economic front.
With a $350 billion economy, Pakistan is looking to the IMF for a key infusion of $1.1 billion to stay out of default.
During a question-and-answer session with the former finance czar on the well-known microblogging website, Twitter, on Sunday, Miftah responded to a query from Private TV Channel by saying, “Things will be tight for a while but we can acquire enough loans for now that we will get some room.”
