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…
