IMF in Pakistan: Culprit or Scapegoat?
Though Pakistan has a history of relying on IMF loans, Rida Yamin notes that the organization is not to blame for the state’s economic condition. She asserts that poor governance is a key factor in Pakistan’s economic decline and its tendency to take loans from the IMF. The political parties in Pakistan either fail to implement efficient policies or make high-cost-low-yield flawed policies that further exacerbate the economic crisis.