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Economic experts think that Pakistan’s economic crisis has several causes. Political instability and poor governance have been significantfactors that undermine the country’s fiscalposition. Pakistan is also highly import-dependent, particularlywith regard to energy, which renders it acutely vulnerable to hikes in global oil and gas prices.
14 Οκτ 2023 · Pakistan is currently facing one of the worst economic crises in its history. A combination of rising debt levels, persistent trade deficits, political instability, and a lack of investment has...
The economic and health crises in Pakistan demand urgent and comprehensive government action that addresses the root causes of the crises.
year 2020-21, the economy of Pakistan continues to be confronted with a challenging environment where key economic indicators do not reflect a move toward sustainable growth. Setting aside the much-debated controversy over a 3.94 per cent GDP growth
10 Οκτ 2024 · Pakistan’s economy and living standards have lagged behind its regional peers for well over a decade. This paper highlights several macroeconomic distortions and policy-related restrictions that have contributed to the country’s underperformance. These include protectionist interventions, a cumbersome regulatory and fiscal environment, and insufficient investment in human capital. In spite ...
26 Φεβ 2024 · Pakistan needs extensive economic and institutional reforms. A challenge for Pakistan has been its high levels of perceived political risk.
Current Economic Crisis. The principal causes of Pakistan’s crisis are deep-rooted and structural—namely, Pakistan’s weak export base and an imbalance between public spending and income.
