Saturday, August 19, 2023

How has Imran Khan's leadership impacted Pakistan's economy?

 According to the search results, Imran Khan's leadership has had a mixed impact on Pakistan's economy. While Pakistan's economic growth rate accelerated to 6% during the last year of Imran Khan's government, the highest pace in four years, helping to increase the size of the nation's economy to $383 billion, the country's growth rate has slowed down sharply since then

3
4
11
.
 Pakistan's economy remains fragile with deteriorating macroeconomic indicators, hindered by a dependence on imports and low rates of foreign investment, persistently high inflation, red tape, weak rule-of-law, corruption, political uncertainty, security concerns, and long-standing difficulties attracting foreign direct investment
5
13
.
 

Imran Khan's government has implemented bold reforms in how the country collects taxes, which are seen as a precondition for international assistance, necessary for the government to escape a balance of payments crisis
6
.
 However, the inflation in Pakistan has reached the highest level in the past 70 years, which has led to protests by the opposition parties and the common man
8
15
.
 Imran Khan has also shared a 10 point economic recovery plan for Pakistan as inflation surges 47% 
10
.
 Overall, the impact of Imran Khan's leadership on Pakistan's economy is mixed, with some positive developments but also significant challenges.

No comments:

Post a Comment

Why does new a born sleep most of the time?

  Here's why newborns sleep so much: Rapid Development: Brain Growth:  A newborn's brain is undergoing incredible development. Sleep...