KARACHI:
While efforts to address key issues have been made, the lack of a coherent economic strategy is severely impacting businesses and vulnerable communities. Soaring inflation has sharply increased the cost of living, making essentials like food and housing unaffordable for many, pushing families into poverty and reducing consumer spending. Unemployment continues to rise due to insufficient job creation, putting financial strain on small and medium-sized enterprises. Additionally, growing national debt and currency devaluation destabilize the economy, necessitating a clear strategy for debt management. Comprehensive economic reforms are urgently needed to stabilise inflation, promote job creation and alleviate the debt burden, ensuring that growth benefits all citizens and strengthens social safety nets for the most vulnerable.
Malik Saqib Awan
Islamabad
