ISLAMABAD: On its way to missing targets in the current financial year, Pakistan’s biggest challenge now is fiscal consolidation and reforms amid a weak coalition government and political instability stemming from accusations of electoral fraud, the Washington-based Institute of International Finance (IIF) has said. On the other hand, exchange rate, monetary policy, energy subsidies and state-owned enterprises (SOE) reforms are unlikely to be a barrier … Continue reading Pakistan ‘unlikely to break free from IMF support, incomplete PM terms’, says IIF