India, May 9 -- Islamabad [Pakistan] May 9 (ANI) Pakistan's chronic dependence on global bailouts hit another low on Friday as the International Monetary Fund (IMF) prepared to hand over yet another USD 1.1 billion lifeline to the flailing South Asian economy -- a country seemingly incapable of surviving without external aid, ARY News reported.
The IMF's Executive Board is expected to give its nod for the disbursement during its meeting today, part of a long-running USD 7 billion Extended Fund Facility (EFF) program. However, this isn't just another payout -- it's a stark reminder of how Pakistan has reduced itself to a perpetual borrower, unable to manage its economy without IMF intervention.
What's more alarming is Islamabad's increas...
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