Date: March 6, 2009
Creator: Martin, Michael F. & Kronstadt, K. A.
Description: This report discusses Pakistan's capital crisis. In the autumn of 2008, Pakistan was in urgent need of an estimated $4 billion in capital to avoid defaulting on its sovereign debt. The elected government of President Asif Ali Zardari and Prime Minister Yousaf Raza Gillani sought short-term financial assistance from a number of sources, including the International Monetary Fund (IMF), China, and an informal group of nations (including the United States) known as the "Friends of Pakistan."
Contributing Partner: UNT Libraries Government Documents Department