Business Today magazine 08 June 2025 – Pakistan’s Crumbling Economy: Reinventing Serum
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The Business Today magazine issue dated 08 June 2025, titled “Pakistan’s Crumbling Economy: Reinventing Serum”, offers an in-depth analysis of Pakistan’s ongoing economic challenges and explores potential strategies for revitalization.
📉 Pakistan’s Economic Challenges
Pakistan’s economy has faced significant hurdles in recent years, including
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High Inflation: Inflation peaked at 38% in mid-2023, severely impacting the cost of living.
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Rising Debt: Public debt reached Rs72.1 trillion by June 2024, with a debt-to-GDP ratio of 67.5%.
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Industrial Decline: Key sectors like textiles and manufacturing have contracted, leading to job losses and reduced exports.
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Dependence on External Support: The economy has relied heavily on IMF bailouts and remittances, rather than sustainable internal growth.
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