Al-Raya Newspaper: Prominent Headlines of Issue 254

Alwaie Magazine: Prominent Headlines for Issue No 396

 Al-Raya Newspaper: Prominent Headlines of Issue 252

A central pillar of IMF’s bailout package is the devaluation of the rupee, which is intended to increase exports in return for foreign exchange. As usual, the economic models employed by the IMF seem not to have accounted for a global currency war and this is likely to derail IMF’s effort to plug Pakistan’s eternal account deficit.