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Old Friday, June 25, 2021
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Default The Current Status Of Pakistani Economy

Economy of Pakistan has oftenly been a challenge to the prominent leaders as well as economists of the country drastically causing the most important challenges which are being encountered by every regime coming into power.

Pakistan scarcely started taking some vital and stimulating initiatives regarding developing its economy, when epidemic of coronavirus succeeded dispersing around world affecting Pakistan. The proliferation of coronavirus caused lockdown as the barrier to develop an economy.

After very long time we got some glad tidings that debts of almost 20 billion dollars as 18 to 20 thousands billion rupees have been waived off by international community but the Govt. has not proclaimed about it until now. The Govt. seems to have obscured this valuable information from everyone. Unlike this success Pakistan has more or less suceeded in diminishing deficit. In addition, Pakistan is heading towards inclusive and sustainable economic growths. Gdp of Pakistan 2021 is $1.1 trillion as 24th rank top 25 economies of the world.

Having achieved some success in developing economy, Pakistani leaders realized that if only Pakistan took these initiatives to develop its economy forty years ago.

We’ve been tackling crucial issue of power disruption in the country since way too long ago. On the contrary, wide range of Pakistani people have been consuming electricity abundantly having season deal with the Govt, whereby they are permitted to consume electricity as much as they need including usage of airconditions etc for far too long.

Besides, there is likewise problem of kunda system. If season deal and kunda systems are ended by the Govt. within a country, Pakistan will have adequate electricity that there couldn’t be power disruption even for a minute.

Written By Shahjehan Soomro
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