Understanding Pakistan’s Poly-Crisis – And Navigating a Path Forward

By Sakib Sherani

INTRODUCTION

Pakistan is experiencing severe economic conditions as a result of a confluence of multiple crises. The
economy has elevated external financing needs well into the medium term, and requires deep
restructuring, both structurally as well as institutionally. Resolving these challenges is necessary for a
sustained economic recovery. However, the fact that Pakistan is entering a “debt workout” phase that is
likely to last several years, will influence the outlook for the economy over the medium term. The need
for debt restructuring or re-profiling will be accompanied by a requirement for substantial fiscal
consolidation that will presage a period of suppressed growth, restrictive financial conditions, and a
degree of economic uncertainty. Read More

Your Comment:

Related Posts

16

Jun
Print Media

Dashed hopes

By Rashid Amjad Published in Dawn on June 15, 2025 WITH the real economy in a deep slump and macroeconomic indicators stable, how should we describe the current state of the economy and the direction in which we are heading? According to the just released Pakistan Economic Survey 2024-25, whatever spin you may want to give it, […]

10

Jun
CIMRAD, Print Media

PAKISTANI STUDENTS AND THE ‘AMERICAN DREAM’

By Anmol Irfan Published in Dawn on June 06, 2025 Shayan* and his wife Aliya* spent the last couple of months preparing their travel plans, which included a potential Haj trip after a visit back home to their families in Pakistan. At least, this was the plan up until the end of March. Shayan, a PhD student[…]