IMF is the enemy of Pakistan's economy. Why should we allow luxurious and not needed imports? Why should we devalue our currency? The US Administration through its organs IMF and World Bank are working on destroying Pakistan's economy so that we have to follow their dictations of recognizing Israel and denuclearizing ourselves. These conditionalities are being put to move us further towards the brink of economic disaster.
Structural reforms are being done at IMF behest since the nineties and every time we are told to do more reforms.
The western capitalistic economic system cannot deliver our people or people anywhere from their poverty. They just fill the pockets of the rich and make the poor work like slaves.
Socialism has also failed because it puts too much burden on the state for meeting all the needs of the people.
Only Islamic Economic System can solve the problems of Pakistan and we need structural reforms for that. There are people who have knowledge about Islamic Economic and Political Systems who can guide the government in the right direction.
feel free to setup your economic system