Today I found sometimes to review Pakistan's history of borrowing from IMF. While going through the data I've found some interesting facts which I thought I should be sharing with my contacts base on social media. I believe such a work on historical data is important to work on and share with other because this how a common Pakistan citizen can fight power mafias who have been ruling this country and have full contribution in destroying it economically by compromising economic empowerment but they still have the audacity to come on TV channels in talk shows and do the circus of press conferences to misguide the innocent people. Pakistan’s story of knocking IMF’s door began on 8 December 1958 when Gen. Ayub first went to IMF. Gen. Ayub's finance team got SDR 25m approved under standby agreement but the money was never withdrawn. However, after expiry of earlier agreement and commitment made by IMF the Gen. Ayub's team super talented economics gurus went to IMF tw...
Muhammad Sarfaraz Abbasi is a Pakistani financial services industry professional. He has been associated Atlas Group, Summit Capital Markets and some other renowned institutions as an Investment analyst he also served National Investment Trust Limited (NIT) which is Pakistan’s largest state owned Asset Management Company. Sarfaraz is Mutual Funds, Private Equity and Venture Capital enthusiast can be reached via twitter @ImSarfrazAbbasi