Pakistan-IMF deal has many hidden conditions

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By Ikram Hoti

ISLAMABAD: The IMF deal will bring the consumers, subscribers and provincial governments on a collision course after its hidden conditions will be revealed.

The major controversy is about the interest rate to be paid by Pakistan. The standby facility being offered is said to be the highest ever on a soft-loan mark-up of 3.51 to 4.51 per cent agreed to by any country for foreign currency bailout.Read More »Pakistan-IMF deal has many hidden conditions