How long will the International Monetary Fund (IMF) continue to brush the world’s greatest problem of terrorism under the carpet of economics? For Pakistan, the two are joined at the hip — a deep state that creates, nourishes and exports terrorism from its soil as a state policy, while thriving on doles received from the US, China and multilateral institutions such as the IMF, the World Bank, and the Asian Development Bank. There is a deeper politics at play here, a politics of negotiation and a transaction of international power games that is diluting the dangers of Pakistan’s brazen state-sponsored terrorism.
The IMF’s 12 May 2019 press release follows this trajectory. For a state, whose sole achievement has been to become the hub of global terror, it is surprising that the T-word almost didn’t make the grade — it is carefully tucked away, almost incognito, in the seventh out of an eight-paragraph press release, virtually invisible. Read More