Pakistan is set to request a new IMF loan program worth at least $6 billion. The country's election turmoil is affecting the upcoming deal. Imran Khan, currently jailed, has written to the IMF seeking an election audit before the loan. Pakistan's previous IMF programs have not been successful.
I suspect the $9 billion blood money US is giving to Gaza for ‘re-housing & repair of infrastructure’ is funding this! No way Sisi would pay for this himself. https://t.co/96ldq74VHK
Congratulations to Sisi on playing chicken with the entire Egyptian economy and holding out until someone finally gave him a $35bn bailout, one which (needless to say) won't fix Egypt's deep-rooted problems any more than previous bailouts did https://t.co/YIhEJpNzKV
#PAKWatch🇵🇰: If you thought the situation in Pakistan couldn’t get any worse, think again. The country is now seeking a new $6 billion IMF loan program. SPOILER ALERT: PAK’s already buried in IMF debt and the past 23 IMF programs have been FAILURES. https://t.co/2d4vLGLSxh
Jailed Imran Khan Writes To IMF, Seeks Election Audit Before New Loan https://t.co/gl8v8dHkYy https://t.co/dNCkxcyyhq
"The IMF has two frameworks for assessing debt sustainability. The market access country framework is more technically advanced, but it isn't delivering reasonable targets for debt restructuring cases. Sri Lanka is a case in point," writes @Brad_Setser. https://t.co/AtbG7EHNnF
Sri Lanka is 1 of 22 countries now forced to pay needless, unfair, and counterproductive surcharges to the @IMFNews. "Given its pro cyclical nature, CEPR elaborated that surcharges effectively punish countries facing severe liquidity constraints..." https://t.co/bdN61M3ZOd
Pakistan’s election chaos casts shadow on next IMF deal https://t.co/op3v6JVP33 https://t.co/VMfO9h8Xfq
Pakistan To Seek $6 Billion In New IMF Loan Program: Report https://t.co/2pZNAlp0YV https://t.co/5DzctjgXMU
Pakistan to seek at least $6 bln in new IMF loan program, Bloomberg reports https://t.co/ISGbKBQoLW https://t.co/6myBzhucnq