Pakistan Flashcards
1
Q
2018
A
Imran Khan became president
2
Q
SAP
A
Structural Adjustment Plan
45% deficit (of budget) to repay debts
3
Q
IMF
A
$6bn over 39 months
Pakistan has had 12 IMF programmes since 1988 - total of $18.9bn
4
Q
GDP growth + Interest Rates
A
- 5% GDP growth
10. 5% interest rates
5
Q
WB (World Bank) + ADB (Asian Development Bank)
A
Lend another $2bn
6
Q
Rupee
A
Needs to be devalued since it’s too high - make items more affordable
7
Q
Companies
A
Privatise loss making govt owned companies
+ subsidise energy companies
