A precarious economic situation


   In 2022, Pakistan had a trifecta of experiments, as a governmental disorder, an economic crisis, and unhelpful floods absorbed the nation. Economically, the country is dealing with simple inflation, a decreasing currency, and analytically low imported assets, affecting important distresses for its economic solidity. Furthermore, the economic crisis comes around every few years in Pakistan, borne out of an economy that doesn’t produce enough and spends too much, and is reliant on external debt. 

   Every successive crisis is worse as the debt bills get larger and payments become due. Besides this, the combination of all these factors has spelled perhaps the greatest economic challenge Pakistan has ever seen. Yet the government has been mired.

Sazeen Sowali

Turbat, Kech

 

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