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Reduce downside risk
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Do not create growth engines
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Buy time — not prosperity
Markets rally because collapse is avoided, not because earnings explode.
This distinction matters.
Final Takeaway (Very Important)
Historically, IMF programs have been:
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Necessary for survival
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Helpful for confidence
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Constraining for growth
For PSX investors, IMF is not a buy signal — it is a risk reset.
Those who understand this avoid:
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