Pakistan Economy: Trapped Between China and US
IMF, US, offer carrots to lure Islamabad in a new direction
By: Salman Rafi Sheikh
On June 20, after multiple rounds of talks failed to produce a deal, crisis-hit Pakistan officially sought Washington’s help to get favorable treatment from the International Monetary Fund for a bailout from the country’s disastrous fiscal situation – at a potential price of tilting away from its relationship with China.
The request…
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