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Not seen it. Can you put a summary here and also help @mazkhan. He became an economic expert yesterday![]()
For those guys who will ignore that thread
IMF gives out loans, but with the loans they force you to implement economic policies. These are policies which are backed by research and are on the basis of economic theories and methodology.
However, our idiot politicians, who are not educated, take the money and start spending it without worrying about recovering it.
The IMF money we get is to start projects that end up raising inflow of money for the govt to payback. But govt ends up using the imf money as subsidy and end up starting loss making projects.
An example of this is IMF money being used to fund a free health care system...
However, our idiot politicians, who are not educated, take the money and start spending it without worrying about recovering it.
The IMF money we get is to start projects that end up raising inflow of money for the govt to payback. But govt ends up using the imf money as subsidy and end up starting loss making projects.
An example of this is IMF money being used to fund a free health care system...