The interview sheds light on the impact of IMF agreements and...

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The interview sheds light on the impact of IMF agreements and the policy decisions made by the Pakistani government in response to economic challenges. Specifically, it discusses the consequences of the IMF's demand for a high policy interest rate, which has led to subdued economic activity due to the high cost of borrowing. Dr. Afzal highlights the trade-offs involved in implementing such policies, particularly the strain it places on fiscal resources and the challenges it poses for economic growth and development.




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