Where Does Pakistan Stand in the Pakistan/SIFC Deal?
The recent partnership between Pakistan and the Special Investment Facilitation Council (SIFC) has raised significant questions about the fate of Pakistan’s valuable assets. Critics argue that Pakistan is on the brink of a detrimental deal, echoing the controversial PLMN IPP contracts of the 2010s. This prompts us to ask: is the future of Pakistan being jeopardized for individual gain?
Unpacking the Pakistan/SIFC Deal
At the heart of the debate lies the sale of Pakistan’s assets, which some claim is occurring at distressingly low prices. This situation draws parallels to the regrettable PLMN IPP contracts, which left a lasting impact on the country’s economy. The apprehension is palpable as Pakistan watches this new deal unfold.
In this article:asim munir, coercive measures, currency crisis, currency market, dollar's value, economic fundamentals, economic growth, economic stability, exchange companies, foreign exchange reserves, foreign investments, general elections, global economic environment, hundi/hawala networks, illegal currency exchanges, imf, institutional capacity, letters of credit (LCs), market skepticism, Military, open market, pakistan, Pakistan Army, rate differentials, Saudi Arabia, Special Investment Facilitation Council (SIFC), specifics, stability, transformative change
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