Published On: Tue, Oct 16th, 2018

Pakistan opposition takes prime minister to task over #IMF deal – The #stock #market was jubilant following #Pakistan’s decision to approach the IMF.

  • The daily dithering has paralyzed the economy and precipitously devalued the rupee, says Sen. Sherry Rehman
  • Govt has instilled a sense of ‘comfort and confidence’ in the markets, says official spokesman

KARACHI, Pakistan: Questioning the government’s lack of perspicacity to avoid “painful economic decisions,” Pakistan’s opposition said on Monday that it was shocked at Prime Minister Imran Khan’s inability to avert a crisis, if any.

“We have serious questions about this kind of strategy, where just the daily dithering has not just paralyzed the economy and precipitously devalued the rupee, but hugely compounded the crisis in the country’s public finances,” Sen. Sherry Rehman, former leader of the opposition in the Senate, told Arab News.

Read more: Pakistan opposition takes prime minister to task over IMF deal

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