Image via WikipediaA high level delegation of Pakistan's economic and financial minders has been turned down by the IMF for additional funds. While some may think it as a negative outcome, I believe this is a great news. I hope that sooner than later all lenders stop extending loans and grants to Pakistan.
Such a move would lead to very tough economic times in Pakistan. However, without such drastic measures, there is no hope of Pakistan ever being able to become economically sustainable.
Pakistan has borrowed, begged, and manipulated its way out of the economic mess for the past six decades. The time has come for Pakistan to find its own solutions for its own problems.
Read further details of the IMF visit in a story by Dawn's Anwar Iqbal.
Pak team returning without money | Newspaper | DAWN.COM