The Economy of Pakistan
Pakistan's Path Forward
Stabilisation, tax reform, energy fixes, export diversification and investment in people are the keys to lasting growth.
What would change the pattern?
Stabilise
Keep inflation and the external position under control.
Broaden
Raise tax revenue and reform loss-making state enterprises.
Diversify
Move into IT services, agriculture value chains and higher-value manufacturing.
Invest in people
Improve education, health and women’s participation, since a young population can be an asset only if skilled.
An IT exporter
Growing IT services exports show how new sectors can earn dollars.
Assuming quick fixes exist
Reform must be sustained.
Key takeaways
- Stabilisation comes first.
- Tax reform is essential.
- Diversification reduces risk.
- People are the biggest asset.
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