The man steering Pakistan’s economy isn’t afraid to take risks - News Summed Up

The man steering Pakistan’s economy isn’t afraid to take risks


Most analysts expect new Prime Minister Imran Khan, the former cricket legend, will soon be knocking on the door of the International Monetary Fund once again. One of his first steps since taking office was to set up advisory councils reporting directly to the prime minister where firms and economists can provide their input on policies. “All of this will clash with the need to further tighten monetary and fiscal policies to reduce economic vulnerabilities.”Umar isn’t scared of taking risks. Zubair joined the party led by former Prime Minister Nawaz Sharif the same year and was a minister in his government. The new government will likely have a short honeymoon before difficult economic reforms need to be taken.


Source: Pakistan Today September 13, 2018 17:37 UTC



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