Global News

Decades of fiscal mismanagement push Pakistan toward economic collapse

Pakistan’s fragile economy faces deep-rooted structural challenges that threaten long-term stability, warned the State Bank of Pakistan (SBP) in its Annual Report on the State of the Economy 2024-25. The report highlights how persistent fiscal deficits, dwindling domestic savings, weak productivity, and repeated climate disasters have locked the country in a cycle of stagnation and dependency, as reported by The Express Tribune.

Source: https://www.tribuneindia.com/news/world/decades-of-fiscal-mismanagement-push-pakistan-toward-economic-collapse/

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