Well Miftah Cocomo or Dar Munshi wouldn’t be able to do much.
You see, after the chaos, that they were ‘brought’, the economy had to suffer a jolt of confidence.
The remittance, investment, LSE’s growth, decrease in revenue growth, roshan digital account, depletion of foreign reserves, increase in interest rates, refusal to up the petrol prices for several months, all created a perfect storm to what Pakistan is facing now.
The IMF can see through this circus. Dar’s trying to find creative ways to show the economy is good health, by suspending import LCs and other measures.
I don’t think Pakistan will default yet. Maybe in a couple of months, but not as yet.