Pakistan’s finance minister Miftah Ismail resigned from his post on Sunday. Photo: Reuters
Pakistan’s finance minister Miftah Ismail resigned from his post on Sunday. Photo: Reuters
Pakistan

Indebted to China, flood-ravaged Pakistan’s finance minister quits while trying to secure bailout terms

  • Miftah Ismail’s resignation came after Pakistan received assurances of financial help from the IMF and World Bank to prevent its economy from sinking
  • Pakistan is dealing with an enormous debt burden which has been exacerbated by the devastating floods that displaced more than 33 million people

Pakistan’s finance minister Miftah Ismail resigned from his post on Sunday. Photo: Reuters
Pakistan’s finance minister Miftah Ismail resigned from his post on Sunday. Photo: Reuters
READ FULL ARTICLE