‘Persistent, corrosive’: IMF blames corruption, elites for Pak’s economic crisis

Nov 27, 2025 - 01:14
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‘Persistent, corrosive’: IMF blames corruption, elites for Pak’s economic crisis
Persistent corruption and "state capture" are crippling Pakistan's economy, the IMF warns. A new report reveals dysfunctional institutions and elite privilege drain billions, hindering growth. Addressing these deep-rooted issues is crucial for economic revival and restoring public trust, according to the assessment.

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