Pakistan Cabinet Rejects Curbs on Rich Purchases, Despite IMF Commitment

Pakistan's Cabinet has decided against imposing restrictions on "ineligible persons" from purchasing high-value assets like cars, property, and stocks. This move shelves earlier proposals aimed at curbing luxury spending and capital flight, despite a prior commitment to the IMF. The decision could raise concerns about Pakistan's adherence to IMF program conditions, potentially impacting investor sentiment and the stability of the Pakistani Rupee.

بحوالہ / Source: tribune.com.pk