The situation was further aggravated by the devastating floods experienced in the country in 2022. The floods not only caused widespread damage to agricultural land and critical infrastructure but also had a cascading effect on the overall economy. The aftermath of the floods triggered a surge in i...
A thorough exchange of views took place on the current situation in Afghanistan and the efforts of the international community, as well as the two countries to expand cooperation in the Afghan direction, in particular, to launch a peace negotiation process in this country. The Ambassador of Paki...
This paper gives an overview of Pakistan's economy and highlights the programme of economic reforms undertaken by the present Government in the last one year. Section I deals with past trends and current economic situation while Section II discusses the various elements of the economic reforms and...
current situation: Pakistan is a source, transit, and destination country for men, women, and children subjected to forced labor and sex trafficking; the largest human trafficking problem is bonded labor in agriculture, brickmaking and, to a lesser extent, fishing, mining and carpet-making; child...
In the current situation, the government needs to take prompt action. Rather than giving cash subsidies or a package of monetary assistance policies, it is better to directly ensure capital pfer (at affordable rates) to the textile industry. ...
government, the Pakistani business community, however, has blamed various internal and external problems such as the law and order situation, energy crises, poor economic policies, corruption and the negative image of Pakistan around the world for the crippled state of the country's economy. ...
The article argued in this regard: ‘Having taken over an economy on the brink of hyperinflation, Milei slashed the monthly inflation rate from 26 per cent last December to 2.7 per cent in October. …But Argentina’s situation is still critical. While the economy appears to be emerging from...
2. According to the “political economy” argument, societies with a small middle class are generally extremely polarized, and find it difficult to reach consensus on economic issues; they are overly focused on the redistribution of resources between the elite and the impoverished masses, each of ...
with that as it helps with exports. Historically, the problem has been that it was kept artificially at a steady level. But when there is a sudden drop it creates shock waves in the system. The current government has allowed it to float freely and I think ...
Pakistan faces severe economic challenges, including rampant inflation, low foreign exchange reserves, and a crippling debt burden. The situation demands urgent structural reforms to stabilize the economy and attract foreign direct investment. Potential