Economic fix

Pakistan's economy is currently facing significant challenges, including high inflation, a large fiscal deficit, a struggling currency, and substantial external debt. The country has experienced a slowdown in economic growth, partly due to political instability, rising energy costs, and disruptions in global supply chains. Additionally, the government has struggled with revenue collection, leading to an increased reliance on external borrowing.

From my point of view ,to balance the economy, Pakistan should prioritize structural reforms aimed at enhancing tax collection and broadening the tax base. Additionally, improving energy infrastructure and reducing energy sector losses could lower costs for businesses and households, boosting economic productivity. Fostering a stable political environment is alos crucial for attracting both domestic and foreign investment, which can drive sustainable economic growth.

Afifa Mubasher

Rawalpindi