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Pakistan’s Economy: Stable or Stuck | Pakistan News
Pakistan’s economy got a modest upgrade from Moody’s—but don’t celebrate yet. The rating agency called things “stable,” but the real story is still one of stagnation: weak exports, no foreign investment, and reliance on remittances and IMF loans. The government’s borrowing to pay its own bills remains a core problem, while deep-rooted issues like corruption, weak rule of law, and ineffective governance continue to deter investors. Even the drop in debt costs? Just a mirage caused by lower inflation—not structural change. With interest payments still crushing budgets, there’s little left for…
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