ISLAMABAD -- Pakistan stepped away from the brink of bankruptcy by striking a deal with the International Monetary Fund to resume a $6 billion loan program this month. But experts warn that there is much more work to do, and that political instability poses a major obstacle to a true economic revival.
Economy
Pakistan's IMF deal offers economic pain relief but no panacea
Political instability threatens to derail efforts to regain confidence of key lenders
A trader counts U.S. dollars at a currency exchange in Peshawar: Pakistan will need $41 billion over the next 12 months, its finance minister has said. © Reuters
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