Three challenges

The ill-advised euphoria following Saudi Arabia’s promise to lend at least $6 billion to Pakistan will hardly end the many challenges faced by the country — mostly of our own making. And it will cut no ice with the visiting IMF team that is here to negotiate the terms of a possible loan package. The stock market had welcomed the Saudi promise with a robust rise. But a fast reality check is now needed. Three months after Prime Minister Imran Khan formed the new government, several challenges have continued to emerge.