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PAKISTAN: HOW TO LIVE WITHIN MEANS Urdu Afsany kii Rawait PAGES: 283

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PAGES: 283

He shows that this has been true

‘Chronicles of our Times’

Composed in a highly symbolic language

he turned to Nawaz Sharif for help

PAKISTAN: HOW TO LIVE WITHIN MEANS Urdu Afsany kii Rawait PAGES: 283PAGES: 284 Balance of payments crises and resort to IMF borrowing is a recurrent feature of Pakistans economy. In the last three decades, there were few years when Pakistan was not in an IMF program. Fiscal mismanagement has played an oversized role in this, requiring prolonged periods of austerity and macroeconomic adjustment. A major objective of this book is to understand what drives the large and persistent fiscal deficits that lie at the heart of

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