Pakistan’s heavy reliance on International Monetary Fund (IMF) support highlights the scale of its economic vulnerabilities and the lack of sustained reforms, according to a new report cited by IANS on Saturday.

The analysis stressed that IMF loans will always provide cash for short-term survival rather than long-term recovery, thus making the country continue to be in a borrowing cycle that does not tackle the structure of the economy.

Inconsistencies in meeting financial targets have raised doubts about the credibility of Pakistan’s external sector statistics. The report noted that this has prompted the IMF to demand “corrective measures and a clear communication strategy to restore investor confidence,” according to Khaama Press, an online news service covering Afghanistan.

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