December 1, 2008 (LPAC) -- The $7.6 billion loan granted by the IMF to
Pakistan on Nov. 24 will cost Pakistan at least 3 million jobs,
and add 7 million to the ranks of the desperately poor, gloated
the chief economist from the Royal Bank of Scotland, Sakib
Shirani, one of the architects of the deadly deal. This genocidal
prognosis was presented at a meeting called "IMF: Pain or
Panacea?" sponsored by the Centre for Research and Security
Studies in Islamabad on Nov. 28. Shirani, who participated in the
talks in Dubai between Pakistani and IMF officials, told the
audience that this killer policy was necessary due to the
import-led policy of the former government, and that they had "no
option."

It must be noted that a delegation from the George Soros
Economic Development Fund (SEDF) was officially hired by the
Pakistani government last week, to provide "technical assistance
in economic, finance, tax reform, export and agricultural
sectors." Soros personally met with Pakistani President Asif Ali
Zardari when the President visited New York in September.
Associated Press of Pakistan reported Nov. 22 that Soros led an
Open Society Institute delegation to meet Zardari again in late
November, presenting him with a paper on "proposed tax reforms."

As in all IMF loans, the deadly conditionalities must be met
for each period or the money is cut off. Pakistan will receive
$3.1 billion under a 23-month facility, with the remainder phased
in subject to quarterly reviews. The money will never reach
Pakistan, of course -- it is all to pay off a sovereign bond
maturing in February, but falls well short of the $13 billion
that the IMF has said that Pakistan will require this financial
year. Many more deaths under IMF austerity and Soros-run drugs
and terror will be required before the next tranche is made
available.