it's more nuanced than what I said but they're trying to make it so that the party in control of the government cant appoint people to the state bank. Pakistan's been managing covid through monetary policy. this has led to inflation and has made it difficult for foreign investors to enjoy their wealth as a result of inflation. so the Pakistani imf loyalists are pushing this bill.
a country with a vaccination rate of 1% will be re-opening their economy under threat of austerity is the one guarentee of this story.
this is a story I'm sure many nations of the third world can relate to.
wait what?
https://jacobinmag.com/2021/04/pakistan-debt-sovereignty-covid-economic-crisis
it's more nuanced than what I said but they're trying to make it so that the party in control of the government cant appoint people to the state bank. Pakistan's been managing covid through monetary policy. this has led to inflation and has made it difficult for foreign investors to enjoy their wealth as a result of inflation. so the Pakistani imf loyalists are pushing this bill.
a country with a vaccination rate of 1% will be re-opening their economy under threat of austerity is the one guarentee of this story.
this is a story I'm sure many nations of the third world can relate to.