Wood
SENIOR MEMBER
- Joined
- Mar 30, 2013
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There are some compromises that politicians have to make and then there are some red lines that they should not cross. When Imran broke his campaign promise to commit suicide instead of going to IMF, I chalk that up to compromise that Imran as a politician had to make. Most populist politicians (and indeed their flock) do not understand that IMF deal is not only about the money, but more about the credibility that it brings to the administration's commitment for economic reforms. Other creditors value this credibility and therefore will roll over debt payments that are due in short term. But when Imran decided to kick the same IMF deal by offering a fuel subsidy (that IMF has directly said is a violation of agreement), he put a gun on the head of Pakistan's economy to gamble with the opposition. In my opinion, this is a red line that he should not have crossed.The fuel subsidies that Imran Khan left in place were part of the same ‘compromises that politicians have to make’ justification that you so graciously extended to Miftah - they came on the back of an incessantly screeching and wailing media and opposition that condemned every single economic decision (especially those related to price increases) made by the PTI.
I will not indulge in your partisan allegations of conspiracy as they have not be ruled so by Pakistani courts. The Pakistani court allowed for the VoNC and that is that.