Dar lost

Though the current times have witnessed many a reputation go awry but the way the oft-repeated financial wizardry of Ishaq Dar lost has fallen flat is something of a classic. He was brought back to the country and presented as the panacea for all economic ills of the country but it was soon proved that his expertise was much hyped and he is completely out of depth. He tried to show his bravado by indirectly challenging the IMF but highly miscalculated the response with the ensuing delay causing the economy to tank making him to eat his words. He caved in with his much hyped reputation in tatters and a rebellious segment of his party blaming him for his sheer inability to handle the crisis. Even the trust reposed in him by top leadership of his party and public pronouncements of their support sounded hollow. More of a family choice than an economic technocrat Dar lost simply disappeared from the scene encouraging his detractors to maul him further. Conceding to IMF demands would prove even more troublesome for him as the already high inflation would gallop to new heights making life more miserable for people suffering the consequences of a financial meltdown. TW

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