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The story so far (Of IMF's three year program)

544_delta

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Interesting read.
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see what IMF cheif said,
The head of the International Monetary Fund has praised Pakistan for "successfully completing" a three-year program under which Islamabad received $6.7 billion after signing a bailout package with the fund amid fears of default.

Pakistan received the last tranche of $102 million under this package last month.

In a statement after concluding her visit to Islamabad, Christine Lagarde, IMF's managing director, said on Tuesday that Pakistan's economy is improving.

But she urged Pakistan to continue efforts on "more private sector job creation and higher living standards."

Her comment came a day after she met with Pakistani Prime Minister Nawaz Sharif and other government officials. Lagarde congratulated Sharif on "steering the country out of multiple challenges and achieving macroeconomic stability" after coming into power in 2013.
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see what IMF cheif said,
The head of the International Monetary Fund has praised Pakistan for "successfully completing" a three-year program under which Islamabad received $6.7 billion after signing a bailout package with the fund amid fears of default.

Pakistan received the last tranche of $102 million under this package last month.

In a statement after concluding her visit to Islamabad, Christine Lagarde, IMF's managing director, said on Tuesday that Pakistan's economy is improving.

But she urged Pakistan to continue efforts on "more private sector job creation and higher living standards."

Her comment came a day after she met with Pakistani Prime Minister Nawaz Sharif and other government officials. Lagarde congratulated Sharif on "steering the country out of multiple challenges and achieving macroeconomic stability" after coming into power in 2013.
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She also said this

Corruption, whether real or perceived, Panama or Bahamas, harms the economy and foreign direct investment while honesty, transparency and accountability is the best way to address the issue, stated Christine Lagarde Managing Director of the International Monetary Fund (IMF) on Tuesday. Addressing a joint press conference with Finance Minister Ishaq Dar on the last day of her two-day visit to Pakistan, the MD IMF said real or perceived corruption has a cost on business. It hampers the economy and foreign direct investment (FDI) and is a burden on the ambition of youth.

http://www.brecorder.com/top-news/f...orruption-harmful-for-pakistan-imf-chief.html
 
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She also said this

Corruption, whether real or perceived, Panama or Bahamas, harms the economy and foreign direct investment while honesty, transparency and accountability is the best way to address the issue, stated Christine Lagarde Managing Director of the International Monetary Fund (IMF) on Tuesday. Addressing a joint press conference with Finance Minister Ishaq Dar on the last day of her two-day visit to Pakistan, the MD IMF said real or perceived corruption has a cost on business. It hampers the economy and foreign direct investment (FDI) and is a burden on the ambition of youth.

http://www.brecorder.com/top-news/f...orruption-harmful-for-pakistan-imf-chief.html

but she also admits the claims of Ishaq dar.
 
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but she also admits the claims of Ishaq dar.

The only claim she admits that IMF has given $6.7Billion dollars in 3 years as a bailout package so that Pakistan doesn't default. We had to get more loans to pay off the older loans. This is nothing to be proud off.
 
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All the new infrastructure being built, highways, power plants, dams need investment which comes in the form of loans. Earnings start when the infrastructure is completed and continue for a long time (electricity for example). secondary revenue comes form the taxes generated by the industry using that infrastructure.
 
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The only claim she admits that IMF has given $6.7Billion dollars in 3 years as a bailout package so that Pakistan doesn't default. We had to get more loans to pay off the older loans. This is nothing to be proud off.

ok sir, but i listend the interview, in which she clearly admits, that Pakistan's economy is performing better, no worry of default, economy is doing better!

And then we have 10 rupees coins being issued, which seems to paint picture otherwise


That still not negates the reality of ''Corruption''

bro,
give me the model of eliminating Corruption which PTI adopted in KPK, i am with you.

and realistically speaking did Corruption eliminated in KPK in 90 like PTI always claiming.
 
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and realistically speaking did Corruption eliminated in KPK in 90 like PTI always claiming.
Where the Fk did I mention about Taliban Khan ? or his party for that matter ?

IS federal govt benchmark so low that it has to compare itself from a provincial govt now ?
 
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Where the Fk did I mention about Taliban Khan ? or his party for that matter ?

IS federal govt benchmark so low that it has to compare itself from a provincial govt now ?

please dont defend any thing, give me a model of Eliminating Corruption. and i mentioned IK , because he is so called champion of corruption these days, so i want to saw how that champion eliminated the corruption.
 
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please dont defend any thing, g
Wtf? Did I defend anything ? unlike you who is looking for excuses and asserting that Corruption will be there because x or y failed to eliminate it. AS I said IK or anyone has nothing do with it. I could care less for what he is called or not. The question the Govt in power which is Ganja, what he has done to eliminate corruption ? I pay my taxes to current govt not to MQM or IK !!!. So you tell me what steps Ganja sharif has taken as he is answerbale to me and us ( the taxpayers and citizens of Pakistan) IK or MQM or anyone for that matter can go to hell since they do not rule the country with majority

want to saw how that champion eliminated the corruption
Secondly, hes inability to reduce corruption can be taken as an excuse for Ganja to not take step to reduce Corruption ? What are you smoking son ?
 
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