Increased taxes on Pakistan’s salaried class erode disposable incomes, exacerbating economic burdens and hindering overall financial stability. Whenever there is revenue shortfall, salaried class gets targeted and bears the brunt of International Monetary Fund (IMF) and government policies. Increasing rates of electricity, gas, food and fuel have impacted the purchasing power of individuals throughout theREAD MORE
Gulf countries and Pakistan are connected with each other through their military, strategic and economic interests. In International Relations, there is no free-rider, rather the states conduct foreign relations by agreeing to give and take on the basis of their chosen interests. Pakistan's foreign relations with the Gulf countries, particularly with the member states ofREAD MORE
In the midst of Pakistan's political and economic unrest, the resurgence of terrorist threats presents a serious issue that demands immediate and targeted commitment in order to prevent further upheaval. Radicalization thrives in political upheavals and recessions as it can take advantage of the hole left by failing institutions and upended financial landscapes. The revivalREAD MORE
Climate change is jeopardizing Pakistan's economic stability. With a population of over 200 million, Pakistan faces numerous climate-related problems like rising temperatures, severe water scarcity, recurrent flooding, and glacial melting. For this reason, Pakistan has been actively participating in climate conferences by UN. The past year was no different where PM Shahbaz Sharif put forwardREAD MORE
Pakistan’s economic woes can be attributed to its consistent political instability comprising ouster of elected governments through military coups and other means. International Relations discourse tells us that successful national economic plans have strong and upright political systems at their back. Better strategies require consistency and long-term commitment, which has not been the case withREAD MORE
IMF’s deal will be crucial in stabilizing the deteriorating economy and lessening the financial gap. GDP has ceased to increase in Pakistan, with growth projected to be just 0.29 percent for the fiscal year ending June 30. The major causes of current financial instability are global energy crisis, recent catastrophic floods, corruption and political turmoilREAD MORE