ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Shahrukh Rafi KhanSubscribe to Shahrukh Rafi Khan

IMF Conditions Stunt Growth

The IMF-World Bank recipe for poverty reduction in Pakistan has been accompanied by stringent conditions that have often exacerbated the country's economic woes and failed to meet the lending institutions' own targets. Also, governments in Pakistan have always passed the blame for these harsh steps on to the Fund-Bank combine, thus ducking out of tough decisions on land reform, imposition of agricultural income tax and beefing up tax administration.
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