Thursday, December 7, 2023

‘Things to Remain Tight’ Even after IMF Deal, Miftah Ismail Warns

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.”

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