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Pakistan's Economic Progress
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Description
Pakistan’s economic journey over the past year, under a new coalition government and a 37-month IMF programme, has shown positive macroeconomic indicators. These include improved external debt servicing, reduced current account and fiscal imbalances, a market-driven exchange rate, and lower inflation and interest rates. However, achieving the goal of completing the last IMF programme remains inconsistent. Key challenges include raising private investment, restructuring state-owned enterprises, simplifying taxes, easing business regulations, and addressing structural issues like decentralization and energy debt. The focus for 2025 is on consolidating stabilization measures and accelerating reforms with broad political support.
Publication Source
DAWN
Publication Date
12-30-2024
Pages
1
Disciplines
Business | Business Administration, Management, and Operations
Recommended Citation
HUSAIN, DR ISHRAT. (2024, December 30). Pakistan's Economic Progress. DAWN, . 1. https://ir.iba.edu.pk/press-media/85
Keywords
Coalition government, IMF programme, economic stability, private investment, structural reforms, tax code simplification, state-owned enterprises, fiscal coordination, energy circular debt, human capital investment, Former governor, State Bank