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IMF piles on 11 new conditions The International Monetary Fund (IMF) has slapped Pakistan with 11 more stringent conditions to address corruption vulnerabilities, end elite capture of the sugar sector and unearth the true cost of foreign remittances. The new conditions have also been imposed to reduce losses in the power sector through private sector participation, improve governance and service delivery, and enhance the effectiveness of the highly inefficient Federal Board of Revenue (FBR). The IMF on Thursday released the staff-level report for the second review of the $7 billion bailout package, which disclosed that the lender has imposed 11 additional conditions on Pakistan. With the fresh additions, the total number of conditions has risen to 64 in the short span of one and a half years. According to the report, Pakistan will publish on a government website the asset declarations of high-level federal civil servants by December next year. The purpose is to identify mismatches bet...
Anyone out there who still thinks Pakistan are not dangerous contenders for the World Cup? With tremendous poise and skill in the middle overs, Misbah-ul-Haq and Younis Khan propelled Pakistan, who were on a tricky 105 for 2 in the 21st over, to a strong 277, before Shahid Afridi and Shoaib Akthar produced bits of magic to derail the chase. Chamara Silva threatened to pull off a thrilling heist with a flurry of boundaries, and Nuwan Kulasekara made one heroic last-ditch effort to reduce the equation to 18 runs from the final over. Umar Gul, however, held his nerve to steer Pakistan home and end a mesmeric exhibition of high-quality cricket in Colombo
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