TIME Magazineさんのインスタグラム写真 - (TIME MagazineInstagram)「In June, Pakistan was in a race against time to secure $1.1 billion from the International Monetary Fund (IMF) in a bid to solve its worst economic crisis since gaining independence from Britain in 1947.   Days before an existing bailout package was set to expire, the country’s prime minister, Shehbaz Sharif, held last-minute talks with the IMF after scrambling to meet its austerity conditions, in which he pledged to revise Pakistan’s budget by hiking tax rates and cutting spending.  That led to a dramatic reversal from the global lender: it announced a new, bigger-than-expected conditional loan of $3 billion.  At the link in bio, learn why the IMF is lending $3 billion to Pakistan, and if it will be enough.  Photograph by Shahzaib Akber—EPA-EFE/Shutterstock」7月12日 5時33分 - time

TIME Magazineのインスタグラム(time) - 7月12日 05時33分


In June, Pakistan was in a race against time to secure $1.1 billion from the International Monetary Fund (IMF) in a bid to solve its worst economic crisis since gaining independence from Britain in 1947.

Days before an existing bailout package was set to expire, the country’s prime minister, Shehbaz Sharif, held last-minute talks with the IMF after scrambling to meet its austerity conditions, in which he pledged to revise Pakistan’s budget by hiking tax rates and cutting spending.

That led to a dramatic reversal from the global lender: it announced a new, bigger-than-expected conditional loan of $3 billion.

At the link in bio, learn why the IMF is lending $3 billion to Pakistan, and if it will be enough.

Photograph by Shahzaib Akber—EPA-EFE/Shutterstock


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