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21 Φεβ 2024 · Pakistan’s import-dependent economy was hit by the surge in commodity prices following Russia’s full-scale invasion of Ukraine in 2022. Subsequent cuts to fuel subsidies — a condition of...
2 Μαΐ 2023 · Pakistan’s current GDP, per capita income, and GDP growth are the lowest in its neighborhood; only war-torn Afghanistan’s economy is weaker. Likewise, its unemployment and inflation rates are...
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.
19 Απρ 2022 · ISLAMABAD, April 19, 2022 —Pakistan’s economy enjoyed a strong recovery and grew 5.6 percent in FY21 following measures taken by the Government to mitigate the adverse socio-economic impacts of the COVID-19 pandemic.
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...
Implementing bold measures such as reduction in military spending to restore public confidence in the economy and safeguard the health and wellbeing of all citizens is critical. Elections in Pakistan are due to be held in the next few months.
Pakistan’s Economic Recovery: The Way Forward. Publication Year : 2023. Author: Hadia Majid. Explore More : Discourse 2023-02, Policy and Research. All-time high inflation rates and record fuel prices have put households under tremendous stress.
