Running On Empty

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Were it not for IMF's stringent discipline, Pakistan's fiscal health would have been worse.

Running On Empty
  • Net public sector domestic debt is 108 per cent of GDP

  • Net external debt is 201 per cent of exports (better than only Bolivia at 202)

  • Liquid reserves, including gold, are only $1.2 billion

  • Average inflation rate is 10 per cent

  • Gross national savings rate stagnates at 13 per cent of GDP

  • Government revenues is 17 per cent of GDP.
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