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  1. The IMF Dilemma

    Muhammad Ali Naqi
    COMSATS Institute of Information Technology, Lahore, Pakistan.

    ONE of the challenges the new government will face immediately is to make a decision on whether or not to approach the IMF for financial relief.
    Pakistan borrowed nearly $8 billion from the IMF under its standby facility during 2008 and began repayments in 2011. The amount together with interest must be repaid by end 2014 almost $5bn must be paid between March 2013 and ...