ANU's Brewster on Pakistan's Debt, Political Issues

The transcript discusses Pakistan's economic challenges, focusing on its bailout agreements with the IMF and the conditions that have not been met, such as reducing subsidies and increasing tax revenue. Political instability, including the arrest of former Prime Minister Imran Khan, has further complicated the situation. The role of China and other lenders is crucial, with China being a significant player due to its investments under the BRI project. The potential for future negotiations and the risk of default are also highlighted, with concerns about lender fatigue and the lack of US support.

What measures has the Pakistani government taken to address tax collection issues?

In what ways has the military's involvement in politics influenced the situation in Pakistan?

What implications could a potential default by Pakistan have on the global economy?