Pakistan’s IMF-Dictated Electricity Price Hikes Spark Mass Protests
| |

Pakistan’s IMF-Dictated Electricity Price Hikes Spark Mass Protests

Two months ago, Pakistan, the world’s fifth most populous country, negotiated a $3 billion emergency loan with the US-dominated IMF to stave off an imminent threat of default. The IMF-dictated austerity measures have led to huge increase in costs of essentials and sparked massive protests.