Implications for Pakistan of a Resurgent Iran
THE AUSTERITY TRAP: WHY PAKISTAN’S IMF PRESCRIPTIONS NEVER
SECURITY AT A GLANCE — 1–15 July 2026
SECURITY AT A GLANCE
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THE AUSTERITY TRAP: WHY PAKISTAN’S IMF PRESCRIPTIONS NEVER CURE
Azhar Rashid Khan PSP*
The International Monetary Fund’s 186-page Governance and Corruption Diagnostic Assessment was completed in July 2025, handed to Pakistan’s government, and promptly buried. It remained concealed for over three months—until the threat of withholding the next $1.2 billion tranche forced its release “in the darkness of night”. This episode reveals an uncomfortable truth about Pakistan’s three-decade relationship with the IMF:.
DAILYReads
Implications for Pakistan of a Resurgent Iran
THE AUSTERITY TRAP: WHY PAKISTAN’S IMF PRESCRIPTIONS
SECURITY AT A GLANCE — 1–15 July
SECURITY AT A GLANCE
CounterTerrorism
Kashif Bangash
Quetta, the capital of Balochistan, is in the eye of the storm. Militants and insurgents have been persistently targeting the city for many months. Earlier, terrorist attacks on Quetta were sporadic. However, in recent months, the frequency of terrorist attacks in different parts of the city has increased alarmingly.
The city of Quetta derives its name from the Pashto word Kwatkot or Kōta, meaning “fort” or “fortress.” Historically, the city was locally known as Shāl or Shālkot, reflecting its ancient identity before the modern adaptation of the name Quetta. Often referred to as the “Fruit Garden of Pakistan,” the city has historically.
SHORTJOURNEY
Implications for Pakistan of a Resurgent Iran
THE AUSTERITY TRAP: WHY PAKISTAN’S IMF PRESCRIPTIONS
SECURITY AT A GLANCE — 1–15 July
