Pakistan's New Prime Minister Pushes Populist Measures

The transcript discusses a leader's business-friendly policies aimed at attracting investors, including strengthening ties with China. It also highlights populist measures like raising the minimum wage and pensions, which could strain government finances. The leader's speech did not address the remaining $3 billion IMF loan, though markets reacted positively. Despite this, economic challenges persist, such as dwindling foreign reserves and high interest rates. Future plans may involve debt restructuring and potential IMF engagement.

What challenges did the Central Bank face that led to a rate hike?

What are the expectations regarding the restructuring of the country's debt?