Evaluating the programme

Dawn | Aug 16, 2019 at 7:08 AM
  • A SIGNIFICANTLY large number of countries have taken repeated recourse to IMF assistance over the years (termed ‘prolonged users’ by the Fund, and ‘recidivists’ in a recent Forbes article!).
  • Without a meaningful reform of tax administration, reform of tax policy alone is insufficient.
  • Not unsurprisingly, Pakistan has made multiple large adjustments to electricity tariffs under IMF/ World Bank ‘advice’ since 2008.