Article Type

Article

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Recent external developments have been quite favorable for Pakistan , some of them quite unexpected. Pakistan’s emerging importance after May skirmishes with India, President Trump’s soft pronouncements coupled with warm welcome to the top leadership, the souring of US- India relationship, a fairly good deal on reciprocal tariffs, upgrading of credit ratings, prospective investment in ‘ massive oil reserves “ and minerals etc have created some euphoria. But this exuberance should be tampered with the past experience that relationships with big powers are transactional in nature and not permanent . High wire acts are fraught with perilous risks . We should not lose our guards and get intoxicated with “ feel good” factor . Our policy makers should not make believe that easy life is ahead and they are no longer obligated to adhere to the onerous task of building a strong economy through stabilization and deep rooted reforms . There is no room for complacency as we are far from overcoming domestic vulnerabilities accentuated by adverse external conditions.

Publication Source

Dawn

Publication Date

8-7-2025

Pages

1-4

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