IMF Programs

Zafar Masud says IMF Programs are designed for stabilization, not for growth

A recent analysis of Pakistan’s economic situation written by Nasir Jamal and published in Dawn News discusses the country’s reliance on IMF programs bailouts and the need for domestic reforms. In the article Mr. Nasir quotes Mr. Zafar Masud, president and CEO of the Bank of Punjab, Finance Minister Muhammad Aurangzeb, Aisha Ghaus Pasha, former state minister for finance, Ahmed Kamal, one of the top textile and clothing exporters, and Prime Minister Shehbaz Sharif.

Zafar Masud

Interview with Zafar Masud Business Recorder

Mr. Masud is a regular contributor to the local media on the topics of finance, economics and energy and has also published a book on these topics, titled “Out of the Box”. Following are the edited transcripts of a recent conversation BR Research had with Mr. Zafar Masud: