Pakistan's current economic condition now-a-days
Pakistan's current economic condition now-a-days As of my last training cut-off in September 2021, I do not have the latest data about Pakistan's economic condition in 2023. However, I can provide you with an overview based on the situation up to 2021 and give some insights on the trends observed until then: IMF Program : Pakistan has historically turned to the International Monetary Fund (IMF) for structural adjustment programs. Up to 2021, Pakistan was under an IMF program aimed at stabilizing the economy, cutting down the budgetary deficit, and introducing reforms. The success and continuation of such programs play a key role in the country's economic stability and foreign exchange reserves. Current Account Deficit : Pakistan has faced challenges with its current account deficit over the years. This is primarily due to a high import bill (especially for energy) and not enough exports. The country has tried various measures, including currency devaluation, to improve its...