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Showing posts from December, 2022

Economic Collapse in Pakistan: Roots and Consequences

  Economic Collapse in Pakistan: Roots and Consequences   There has been an economic crisis in Pakistan for a while now. The country's financial stability is of paramount importance due to rising debt, inflation, and other economic problems. This crisis in the #Pakistani economy is urgent because of the far-reaching effects it is having. This article will discuss what brought about Pakistan's current economic crisis and how it may affect the nation in the future.     Background Pakistani residents and government officials have been worried about the country's economic situation for years. The crisis has many complicated origins, but it may be traced back to internal discrepancies, external disturbances, and poor decision making at the policy level. Weak fiscal situation and insufficient investment have resulted from structural imbalances such rapid population increase, an undiversified economic base, and uneven income distribution. Inadequate energy sav...