Tag Archives: Government Debt

Government to Overhaul Bilateral Development Financial Institutions Amid Allegations of Nepotism

IMF

The Pakistani government has decided to overhaul bilateral development financial institutions that have become hotspots for nepotism, following the appointment of favored bureaucrats to their boards. These board members reportedly receive up to $5,000 (Rs1.4 million) per meeting in fees. Focus Shift from Primary Role to Government Debt Investments Instead of adhering to their primary role of providing loans to …

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