Pakistan Prime Minister Shahbaz Sharif on Tuesday cited three critical structural flaws. He has said that Pakistan was once considered the next 'Asian tiger' but has found itself in financial trouble. stalled its development and led to repeated boom-bust cycles.
PM Sharif wrote an essay
You may know that Pakistan turned 75 on Sunday, at the end of which PM Sharif wrote an essay in The Economist magazine, in which he said that the country in the 1960s, in its teens, was full of hope and promise because of its There was a date with destiny. He said the country was widely believed to be "ready to become the next Asian tiger". However, in 2022, Pakistan found itself caught in its latest economic crisis, Geo News reported on Monday.
In the essay PM, Sharif wrote, 'This [the latest economic crisis] has arisen from the most challenging global policy environment of our lifetime, characterized by a commodity supercycle, historic monetary tightening at the US Federal Reserve and a conflict in Europe that has engulfed a post-war era. is breaking the global order.
But it also stems from domestic vulnerabilities, vulnerabilities that have been left undiscovered for the better part of five decades; The vulnerabilities have forced us to approach the International Monetary Fund (IMF) several times during that time. This is not how successful nations are made.
Sharif then cited three critical structural flaws that stand out in the country. "They have stalled economic momentum, stunted our growth, and led to repeated boom-bust cycles since the 1980s," he said. He added, “First of all, our political environment has become increasingly polarised. Instead of arguing about how to run Pakistan better and free the country from poverty, political parties are hugging each other.
The ritual of consecration of Ram Lalla was amazing in many ways. In the seven-day ritual, 5.50 l
Heavy rains are continuing in many states of the country. The Meteorological Department (IMD) iss
So far, three films of the Bhool Bhulaiyaa franchise have been released. Akshay Kumar appeared in
US President Trump, who imposed tariffs on India for buying oil from Russia, is now getting surro
The Australian team, which collapsed in front of Jasprit Bumrah's destructive bowling in the Pert
Russia has once again intensified missile attacks on Ukraine. Russia once again targeted Ukraine'
We have already told you that Bollywood star Arjun Kapoor is going to play the role of villain in
Delhi BJP has shared a poster of Arvind Kejriwal and Satyendra Jain jailed in a money laundering
USA: India is perfect for the partner America needs against China – big statement of American MP
Senior US Senator Chuck Schumer says India is the perfect fit for the role America needs as a par
China's recent behavior is beyond the understanding of foreign policy experts and political analy
