Why Pakistan's military spending may derail its economic rescue
Why Pakistan's military spending may derail its economic rescue
Rajesh SharmaJairaj Singh
TIMESOFINDIA.COM
May 26, 2025, 19:00 IST IST
After four days of military escalation with India, Pakistan secured yet another IMF bailout. But with growth slowing, conditions tightening, and India abstaining, this rescue may be different — and far more precarious
On May 17, five days after a fragile ceasefire ended four days of intense military exchanges with India, Pakistan secured a staff-level agreement with the International Monetary Fund ( IMF ).
The new bailout , packaged under the Extended Fund Facility, is just the latest instalment in a 70-year saga of external support and short-term fixes that have kept Pakistan afloat amidst long-term economic stagnation.
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