www.thenews.com.pk
'Bookkeeping' issues have been a major bone of contention between IMF and Dar. Pakistan's bookkeeping is so sloppy that most Pakistanis including the government don't believe in it. Generally, this is sugarcoated by saying much of Pakistan's economy is 'undocumented' or 'underground'.
Looks like IMF is tired of sugarcoating
edition.cnn.com
www.bloomberg.com
The 2022 year saw political turmoil, an economic crisis, and catastrophic flooding in Pakistan. On the economic front, the country has been dealing with backbreaking inflation, a depreciating currency, and precariously low foreign reserves. As Pakistan looks to address these challenges in a turbulent moment, important questions arise as to the long-term roots of these problems, how political instability shapes them, and what economic policy Pakistan should adopt to address its difficulties.
Blackouts and soaring prices: Pakistan's economy is on the brink
Muhammad Radaqat, a 27-year-old greengrocer, is worried. He doesn't know how much an onion will cost next week, let alone how he'll be able to afford the fuel he needs to heat his home and keep his family warm.
Pakistan Inflation at 48-Year-High as Supplies Jam in Ports
Pakistan’s inflation quickened to the fastest in almost 48 years in January as thousands of containers of food items, raw materials and equipment are stuck in ports after the cash-strapped government curtailed imports.
Just experienced and qualified people explaining why the economic crisis will continue to be unless Pakistanis suffer a lot lot more for at least a decade or two to make amends for the excess and lies of their leaders including the PTI government which was nothing more than a mix of bravado statements and false promises. Quite simply, the Pakistani leadership has turned the people into a collective of stockholm syndrome and alternative reality delusional cultists who simply refuse to accept reality and when it does come for them immediately want a change of leadership. This leadership isn’t just political but military as well which because of its general lack of expertise in most subjects beyond its core competence but still trying to control a lot of things bumbles throughout in trying to have its cake and eat it too.
With degree of corruption going on in military and bevaucarcy it was tikking time bomb 💣 with or without IK this was inevitablePakistan Used to be a proper country...
