The Wall Street Journal: For IMF Help, Pakistan Might Have to Disclose Its China Debts

International Monetary Fund chief Christine Lagarde. (AFP)
Updated 11 October 2018
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The Wall Street Journal: For IMF Help, Pakistan Might Have to Disclose Its China Debts

October 11: The Wall Street Journal report by Joshua Zumbrun and Saumya Vaishampayan states that International Monetary Fund Managing Director Christine Lagarde said a bailout deal with Pakistan would require “absolute transparency” of its debts, many of which come from China’s landmark Belt and Road Initiative. International Monetary Fund Managing Director Christine Lagarde said a bailout deal with Pakistan would require “absolute transparency” of its debts, many of which come from China’s landmark Belt and Road Initiative. “In whatever work we do, we need to have a complete understanding and absolute transparency about the nature, size, terms of the debt that is bearing on a particular country,” Ms. Lagarde said Thursday at the IMF and World Bank Group annual meetings in Bali, Indonesia.

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The Diplomat: Imran Khan Takes on Corruption in Pakistan

Updated 20 October 2018
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The Diplomat: Imran Khan Takes on Corruption in Pakistan

October 19 – The Diplomat report by Sabena Siddiqi states that throughout his campaigns over the years, Imran Khan, now Pakistan’s prime minister, has always commented on his intention to carry out an intensive anti-corruption drive once in power. Pledging “strict accountability” and a crackdown against “the people who looted this country,” Khan visualized an extensive anti-corruption campaign. Finally, with his recent election, the time seems to have arrived, as unprecedented measures are being taken along with the announcement of a new “whistleblower law” to help end financial crimes.

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