Pakistan’s strong post-pandemic recovery came to a halt in 2023 with large accumulated economic imbalances that resulted from the delayed withdrawal of accommodative policy, and a series of domestic and external economic shocks. 

What are the development challenges in Pakistan?

A more robust recovery will require an ambitious medium-term reform agenda focused on fiscal consolidation and enhancing competitiveness, supported by strong political ownership and commitment. 

Source: World Bank 2024

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