Contacting IMF: PM Directs Efforts for a Substantial Bailout

In a significant development, the Prime Minister has given directives to initiate the process of contacting the International Monetary Fund (IMF) with the aim of securing a more substantial bailout package. This strategic move underscores the government’s proactive approach to addressing economic challenges and ensuring financial stability. Key Points: Strategic Decision: The decision to approach…

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Government Debt

Caretaker Government Sets Unprecedented Debt Record

In a surprising turn of events, the caretaker government of Pakistan has significantly escalated its borrowing spree, tripling the loan amounts and setting a record-breaking pace that surpasses the nation’s 76-year history. This borrowing binge, as reported by Khurram Schehzad, CEO of Alpha Beta Core Securities, reveals an alarming surge in debt creation without adequate…

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