Dr Abdul Hafeez Shaikh on World Bank Financing for Pakistan
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US/IMF/W.Bank seriously need to enforce a check & balance auditing system in all Pakistan Govt dept if they want their loans back with due interest. As so far none of the loans sanctioned have reached the projects they were granted for. Rather 99% have been eaten by Pakistan’s political filth. The loans have been recovered in much huge amount than actual by fake inflation imposed but unless a solid check & balance system is enforced to recover the loans its all a dream for USA/IMF/W.Bank.
yahoovisitor 1 year ago
Pakistan always had bright technocrats but worse politician who made the economy worse
busola100 1 year ago 2