Speech by Governor, State Bank of Pakistan, 1 Jul

SPEECH - In the speech titled 'Pakistan and the IMF : 1988-2002' Husain said the image of the IMF in developing countries and in Pakistan remains tarnished because of the burden of historical legacy, the increasing debate about the efficacy of the IMF programs during the Asian crisis and the political antecedents of a disproportionate influence of the US and Western countries on decision making. More success stories of mutual cooperation and trust between the countries and IMF have to be

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