The street protests with the public denouncing Pakistan's government for its failure to tackle growing electricity and gas shortages, says much about the state of the country's economy. With the public clearly outraged over such issues, it is vital to remember that Pakistan is also in the midst of a critical loan programme from the International Monetary Fund (IMF). Some of the conditions from the IMF include tough criteria for Pakistan to sharply reduce its fiscal deficit so that the government's finances are brought under increasing control. The deficit reduction requires painful...
photo: WN / Aruna Mirasdar
