IMF is Cautious on Catching a Falling Knife as Pakistan Could Be the Next Sri Lanka

Posted on 05/29/2022

Dealing with out-of-control inflation and fighting over fuel prices, Pakistan’s government is unable to secure funding from the global bond market and commercial banks. Pakistan could soon follow Sri Lanka in a series of potential global defaults. With the inability to secure funding from markets and banks, the Pakistan government’s ability to ink a deal…

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