The quantum of debt Pakistan requires is growing faster than the net output of the economy (GDP). This means that the economy s ability to grow or increase output is constrained. This is unsustainable, Tabadlab, an Islamabad think tank said in a report.
In a relief to cash-strapped Pakistan, the International Monetary Fund (IMF) on Wednesday gave a final nod to a USD 3 billion stand-by arrangement for the country to support the government s efforts to stabilise the ailing economy