Abu Zolfiqar
Rest in Peace
- Joined
- Feb 12, 2009
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in Q1 we grew at 5%
and quite frankly - IMF has become such a political/foreign policy tool that i wouldnt take what they say very seriously....
at the same time, it was under Gen. Musharraf's much more capable leadership that the policy makers didnt have to go running to IMF to maintain the slave-trap that IMF loves to initiate in developing countries
they just market themselves as the emergency room ward that helps countries by stabilizing their reserves - and in exchange, using painful conditions as leverage (though not all those conditions are bad - e.g. lowering interest rates)
and quite frankly - IMF has become such a political/foreign policy tool that i wouldnt take what they say very seriously....
at the same time, it was under Gen. Musharraf's much more capable leadership that the policy makers didnt have to go running to IMF to maintain the slave-trap that IMF loves to initiate in developing countries
they just market themselves as the emergency room ward that helps countries by stabilizing their reserves - and in exchange, using painful conditions as leverage (though not all those conditions are bad - e.g. lowering interest rates)