Pakistan economy

Pakistan’s IT exports nearly doubled over the past five years, but that rate of growth is not sustainable – unless the government takes drastic action.

Inflation and taxes have sent Pakistani electric bills soaring, leading to protests, shuttered businesses, and a wave of suicides.

Since elections are unlikely to be held as constitutionally mandated within 90 days, the interim administration is here to stay for some time.

The SFIC has to strike a balance between including military decision-makers to raise investor confidence and upholding democratic governance.

No number of IMF packages or foreign bailouts will suffice in keeping the Pakistani economy afloat without the country undergoing a multifaceted structural revamp.

It will save Pakistan from defaulting on debt, but analysts say the country needs $20 billion in the next two years to return foreign loans with interest.

Amid stalled negotiations over restarting a bailout package, the IMF has criticized the government for failing to implement a more fair tax system.

The decision is aimed at conserving dollars amid its crippling economic crisis.

Delaying the IMF program has negatively affected investor confidence, increased inflation, and hindered growth prospects.

To address food inflation, the government should increase agricultural productivity, improve supply chain mechanisms, and implement price stabilization measures.

The black market flow of U.S. dollars across the Afghanistan-Pakistan border is unifying the two countries' economic crises. 

Governments come and go, but Pakistan's economic woes – and its love/hate relationship with the IMF – remain constant.