Pakistan has so far managed to stave off riots and repay creditors, avoiding an economic meltdown like that seen in Sri Lanka. Still, Prime Minister Shahbaz Sharif’s coalition government, which took over in April 2022
Pakistan's economy will be impacted by the ongoing geopolitical tensions that are increasing in the context of the Russia-Ukraine issue, two significant agricultural providers in the global food supply chain.
Climate disruption has terrible national impacts in developing nations, including interstate conflict, terrorism, cyberattacks, fiscal crises, high unemployment, and severe social instability.
Talent from less developed regions is drawn to developed states due to higher incomes, superior living conditions, access to vanguard technology, and a more stable political environment.
As the supply diminished and inflation rose drastically, firms laid off their workers and growth rates deteriorated as a result. The State Bank of Pakistan (SBP) hiked interest rates and tightened the money supply.
Due to a lack of necessary facilities in the province, people of rural areas rushed to the city and settled here permanently. People living in the city still depend on the burning of wood for their daily lives, resultantly greenery is diminishing in Quetta city
Suppose the same practice of derailing democracy using economic figures and blame game proved successful for any political, internal or foreign reason. In that case, the future of democracy and economic progress in Pakistan is pathetic.
The ratio of human capital to physical capital determines the country's growth. Physical capital expansion is possible through an increase in human capital, and it enables the long-term poverty alleviation process in a country.
