The former cricket star said he is preparing a “radical” plan to shore up the country's struggling economy. Read more at straitstimes.com.
said he is confident of returning to power this year, and would back a continued role for the International Monetary Fund to prop up the economy and stave off a growing risk of a debt default.
The South Asian nation slid dangerously close to a debt default in recent months, driving its bond yields to distressed levels, as IMF loan payments were held up. He said he would reappoint Mr Shaukat Tarin as finance minister, after he held the post in the previous Khan administration. He said he would pursue an independent foreign policy that does not lean on any single country such as the United States or China. He gave the example of arch-rival India, which has amicable relations with the US but still imports discounted oil from Russia and trades with China.
In his latest pressure tactic to push for snap polls, the former cricket star’s allies dissolved two of the nation’s four provincial assemblies. That has triggered elections in those provinces, which historically have been held in parallel with a nationwide vote.
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