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RSS FeedsTough times ahead
(WorldNews Business)

 
 

20 may 2019 04:59:21

 
Tough times ahead
(WorldNews Business)
 


Just before his resignation as finance minister in February 2013, Dr Abdul Hafeez Shaikh was asked if he could count an achievement as finance minister. He thought for a minute and shot a counter-question: `Don´t you think caring for a patient in an Intensive Care Unit (ICU) is also an achievement?` At that point, he was not able to keep up with the International Monetary Fund (IMF) because of strong domestic resistance to the Reformed General Sales Tax (RGST) and reforms in bleeding corporations. Yet he kept the Fund `engaged´ for almost a year without informing it to avoid a meltdown in the market. He was considered almost an outsider in the PPP government despite his elders´ role in...


 
3 viewsCategory: Business
 
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