Voice of the People.

Byline: SYEDA SAMAN FATIMA-Karachi

IMF's requirements have rarely been met by Pakistan. However, in contrast to the other occasions since 1959, the IMF is now less inclined to make compromises and reluctant to release the next tranche unless the government keeps its commitments. Even if a frequently-promised $13 billion loan from Saudi Arabia and China materialized, it would simply increase the country's $130 billion debt in 2022, which, even taking into account purchasing power parity, works out to slightly over $5,000 per person. While this is going on, the country is preparing to upgrade the national railway significantly and add another $10 billion to its debt to China.

The economy of Pakistan grew by a pitiful 2 percent in 2022, and as of right now, its foreign...