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Pakistan's Capital Crisis: Implications for U.S. Policy

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."
Date: March 6, 2009
Creator: Martin, Michael F. & Kronstadt, K. A.
Partner: UNT Libraries Government Documents Department