Saqlain Blogs

Pakistan has faced a number of economic challenges in recent years, including inflation, a high trade deficit, low foreign reserves, and a struggling currency. These challenges have contributed to a broader economic crisis in the country. Some of the key factors that have contributed to the crisis include: Energy Crisis: Pakistan has struggled with a persistent energy crisis for many years. This has resulted in frequent power outages, which have disrupted economic activity and deterred investment. External Debt: Pakistan has accumulated a large amount of external debt, which has become increasingly difficult to service. This has put pressure on the country's foreign exchange reserves, which have declined significantly in recent years. Fiscal Deficit : Pakistan has struggled to balance its budget in recent years, with a persistent fiscal deficit contributing to the country's economic woes. Poor Tax Collection : Pakistan's tax system is weak and inefficient, with...