Pakistan needs two to three years to implement some of the structural changes the International Monetary Fund has prescribed to break the South Asian country’s chain of financial struggles and bailouts, according to its new finance minister.
The country has long known what is needed in order to steady its economy, and the challenge has been follow-through and implementation, Muhammad Aurangzeb said at the Atlantic Council on Monday. Aurangzeb is visiting the US to attend the IMF and World Bank spring meetings this week, his first trip to Washington since taking office last month.