IMF Twists Pakistan Slowly in the Wind Over Loan

US in the background plays politics over Russian oil and other issues

May 03, 2023

∙ Paid

By: Salman Rafi Sheikh

Pakistan: under water in more ways than one

In an unsubtle behind-the-scenes effort to wean Pakistan away from China, the United States appears to be behind an International Monetary Fund delay in unlocking a desperately needed US$6 billion Extended Fund Facility that Islamabad needs to avoid a sovereign default. Even though Pakista…

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