Will Pakistan always require the heavy hand of the IMF to boost its economy? The conditions of the multilateral lender are tough for the middle and lower classes, but seemingly fruitful for the political elites.
Although the IMF bailout will help to stop the economy from going into default, this is a mere stopgap solution. What the government needs to do in order to ensure long-term progress is maintain political stability, support the IT sector, and enhance technical and skills-based education.
The time has come to stand side-by-side for the revival of the economy. Politicians are required to work for the larger interests of Pakistan rather than to vanquish rival political parties. The involvement of economists in decision-making will also be fruitful for the resurrection of the economy.
Muhammad Amjid Khan
Waziristan
Education is the fundamental right of every female citizen. In fact, Pakistan has dramatically expanded educational...
Once upon a time, Pakistan was a shining star in the world of hockey. Now, the sport is facing a serious financial...
Prime Minister Shehbaz Sharif has declared education emergency in the country and get around 26 million out-of-school...
For Pakistan to develop, it is essential that rule of law prevail and every individual and state institution, without...
This letter refers to the article ‘Full reserve banking: Part - I’ (May 9, 2024) by Qanit Khalilullah. The writer...
The incumbent federal government is doing well for the welfare and amelioration of the nation. The crumbling economy,...
Recent studies indicate that Pakistan’s glaciers are melting at an alarming rate. A significant portion of the...
This letter refers to the news report ‘Aurangzeb rules out tax amnesty’ (April 23, 2024). Finance Minister...