Despite IMF Deal, Pakistan Is Still On The Knife-Edge: What Next? – OpEd

After eight months of delays, Pakistan and The International Monetary Fund (IMF) finally reached a staff-level pact on a $3 billion stand-by arrangement subject to approval by the IMF board in July this year.

The decision, long awaited by Pakistan, now offers some respite to the country’s ailing economy, which was teetering...