Pakistan (Impact of economic organisations) Flashcards
1
Q
How many funds did Pakistan receive from the IMF, and over how much time?
A
$6 billion over 39 months.
2
Q
What was the condition the IMF placed on the loans?
A
Pakistan had to cut the price of the rupee;
reduce the government deficit;
reduce spending;
agree to structural reform within the government;
Privatise loss making companies that are currently government owned;
3
Q
How many IMF programmes has Pakistan had since 1988?
A
12 IMF programmes, and receiving £18.9 billion.
