Revival? For whom?
Article Type
Article
Description
Despite the government's claims of economic revival, Pakistan's deeper structural issues remain unresolved. While inflation, exchange rates, and remittances show improvement, economist Hafiz Pasha highlights that 44% of the population still lives below the poverty line, real wages have declined by 20% in three years, and unemployment exceeds 9%. Productivity, savings, and investment rates are critically low, and Pakistan lags decades behind countries like South Korea in education and human capital development. Stock market gains benefit only a small elite, while economic policies fail to address wages, employment equity, and access to education. Without meaningful reforms, the so-called economic revival remains irrelevant to the majority.
Publication Source
DAWN
Publication Date
2-20-2025
Pages
6
Recommended Citation
Zaidi, S. Akbar. (2025, February 20). Revival? For whom?. DAWN, . 6. https://ir.iba.edu.pk/faculty-research-press/371
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