Is IMF responsible for all the miseries being faced by Pakistan?

I am amused as well as dismayed after reading statement of Shehbaz Sharif regarding ongoing Pakistan-IMF negotiations.  He was quoted by Dawn saying, IMF was giving a very tough time to Finance Minister Ishaq Dar and his team.

It will not be wrong to say that not only the ruling elites fail to pay attention to what the IMF is saying, but also fail to understand the gravity of the situation.

At times, the utterings of the members of incumbent government tantamount to maligning IMF for being responsible for all the miseries being faced by Pakistan.

The general perception being created by the ruling junta that IMF is giving tough time to Pakistan is totally incorrect. To be honest, the negotiating team has failed in coming up with its ‘home grown plan’ to overcome the present malice.

As a result, IMF has shared its plan, to which the incumbent is more than willing, so that it could put all the blame for Pakistan’s the miseries on the IMF.

I have often said that overcoming current account deficit and budget deficit is far easier than overcoming the trust deficit being faced by the present government of Pakistan.

It seems that the present government is in a hurry to get the IMF tranche released so that it could continue its extravaganzas.

It is being feared that the present government is consenting to all the IMF conditions without having the slightest realization that debt servicing will not be possible for the next government.