![]() Yet you wouldn't know it based on that car ride. It has since gone back to the lender another 22 times. Pakistan entered its first IMF programme in 1958, 11 years after its independence from British-ruled India. Many are finally asking when the political infighting and victimisation will give way to the important questions and how will the nation stabilise the economic fortunes of 220 million. Yet Pakistan has been in the headlines most recently for a different problem: political turmoil, as the latest targeting of opposition politicians, reaches a head. This journey is an unwitting microcosm of the forces at work in the maelstrom that is perhaps Pakistan's worst economic crisis to date - a view shared by many, including Miftah Ismail, the CEO of Ismail Industries, a snack food manufacturer, and two-time former Finance Minister of Pakistan. Another shows a marina backed by supersized versions of Venice's canal-front palazzos. One shows off its central mosque whose outer porticoes appear to find inspiration in the famed striped horse-shoe-shaped arches of Cordoba. The most intriguing ones to me are those belonging to, let's call it, Paradise View Town. When you exit the Benazir Bhutto International Airport in Islamabad and go down the Srinagar Highway towards the city proper, you encounter shiny billboards offering homes in one of the various new property developments cropping up around the area. Former Finance Minister Miftah Ismail (centre-left) and Former Prime Minister Shahid Khaqan Abbasi (centre-right) talking to the Press in Quetta, Pakistan The Frontier Post
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