A few weeks ago, the International Monetary Fund approved a bailout, the 24th, for Pakistan. This was bang in the middle of a military face-off with India, begging questions whether the loan would be used by Pakistan to fund its military ambitions—including the export of cross-border terror.
Consequently, the world is asking: Has the IMF crossed a line?
Did the IMF reward reckless behaviour—throwing good money after bad?
Or is this the only path left to stabilizing a country which is a rogue state with a fragile economy?
To answer these tough questions, and to understand the deeper geopolitical and economic stakes, StratNewsGlobal.Tech spoke to Bidisha Bhattacharya—Senior Consultant at the Chintan Research Foundation, a Delhi-based think tank.
Anil Padmanabhan has been a journalist for the last 36 years. He has worked in various capacities in several publications including Afternoon Despatch & Courier, Press Trust of India, Business Standard, Mint and was based in New York for India Today. He was a Nieman Fellow in 2001. He tweets at @capitalcalculus.
