It is time to question our long-standing faith in import substitution through tariff cascading; other countries did so

IMF-backed policies focus on tax revenue; Pakistan risks prolonged stagnation

Since US is Pakistan's largest market, there are concerns any tariffs can severely impact exports

Beyond the numbers and fiscal jargon lies a tale of missed opportunities and systemic hurdles

Relying on foreign assistance to escape quagmire is unlikely to succeed

Next year implementation of already finalised sector-specific reforms must be govt's top priority

Rapid solarisation will address energy woes, boost economic competitiveness

Govt fails to incentivise transition from high-emission vehicles to cleaner, more sustainable Evs

To achieve economic gains, Pakistan must shed obstructionist policies

Despite its strategic location, Pakistan risks isolation as regional trade hubs emerge around it