Pakistan's military-run enterprises need upgrade to revive economy

Corporate empire has potential to be globally competitive

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Road traffic in Karachi on July 5: Changing the military's corporate approach is likely to create the space for broader economic reforms. © Reuters

Uzair Younus is the director of the Pakistan Initiative at the Atlantic Council's South Asia Center.

Pakistan's economy is facing another crisis as the country reaches a staff-level agreement with the International Monetary Fund to resume the support program that was suspended earlier this year. The finalization of the agreement will unlock inflows of almost $1.2 billion, critical to helping stabilize the country's economy.

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