Plan D
November 5, 2008 I think IMF is not a friend but a foe and its help would not bring any relief for Pakistan. It will, instead, bring more troubles. Lets look into the history a bit; we all know this is not the first time we are seeking help from IMF. We received their help some years back when some money poured in. They even marked us as a 'progressing' economy at that time but, after a decade or so, we are again back at their door as a basket case. But that is rather usual for IMF because if you look at the countries who got debt from IMF at any point of time, you will see that none was able to benefit enough to stand on its feet. In modern high finance, debt is a method to exploit the third world nations.




