Pakistan’s economy has recently shown an unexpected growth despite economically negative growth in 2020 while in 2021 it is 5.7pc. There is a hope to increase economic growth rate of 6pc at the end of this year. Moreover, Pakistan has highest income per capita in the history and it was not ever before.
So, Pakistan’s economy needs strict and novel policies and reforms and if these are not implemented, there are chances that we will face multitude of these problems in future. So, Pakistan does not need more package from IMF rather it needs to reform its own policies. A layman is only interested in basic life necessities and not in rich and elite people things. To him just matters inflation only. So, what is needed now is to give more charity, more relief and more handouts. So, Pakistan’s economy needs novel changes, radical alternatives and new direction to set its own priorities for economic stability.