Pakistan may face economic instability sans reforms: IMF

ISLAMABAD

Pakistan’s macroeconomic stability earned in the past three years could be undermined if the country fails to continue with its reforms, the IMF has warned, amid the political tension over the sensitive Panama Papers case.

Resident Representative of the International Monetary Fund (IMF) to Pakistan Tokhir Mirzoev said the economic stability needed to be used to make the gains achieved through it more permanent.

Mirzoev cautioned that the present trends could undermine macroeconomic stability “if the reforms do not continue”.

The warning came amidst looming political instability in the run up to a verdict in the high-profile

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