Pakistan, March 26 -- Ever wondered what an economic doomsday might be like? Some might say Pakistan is at its brink and others might shrug it off as a far-fetched idea or may a thing of fiction. However, I believe if Pakistan's leaders or think tanks continue to follow this path they are on - it is nearer than what most can imagine with consequences far greater!

Let's analyse the case of the land of Pyramids, Egypt. The IMF had frequently criticized Egypt's extensive and costly subsidy programs, particularly in the fuel and food sectors, citing their significant burden on the government budget and hindrance to fiscal sustainability. Additionally, the funding body ensured that Egypt adopts a more flexible exchange rate policy to enhance ...