The flip side |
A euphoric picture of the economy painted by the financial guru is merely one side of the story. The fact is that Pakistan, in pursuit of abiding by the IMF program, has done all it was required to do to achieve macroeconomic stability, and has been successful to a great extent in slashing the spiralling inflation and establishing a semblance of certainty in the foreign exchange rate. Likewise, soaring forex reserves have lifted investors' confidence amid stringent reforms undertaken over the past year. That is why the........