Approximately ten years ago, Indian media frequently focused on the positive aspects of the country’s economic growth, creating a positive perception and attracting investment from both domestic and foreign investors. This helped to improve the country’s economic situation. The government is trying to improve the perception of the economy, but these efforts have been weak and hindered by opposition parties that control significant parts of the country, including Kashmir and Gilgit-Baltistan. If the government could effectively address the challenges posed by opposition leader IK, particularly in Punjab, the economic situation could improve in a few months.
It seems that today there is a significant level of uncertainty in Pakistan’s economy, causing concern and discomfort. The stock exchange in Pakistan has been experiencing a decline over the past few months, which may be due to manipulation by non-Pakistani fund managers and the withdrawal of foreign investment. Additionally, exports have decreased significantly and the country is struggling with debt. It is important to note that the performance of the stock exchange does not necessarily reflect the overall health of the macroeconomy, as assessed by organizations like the IMF. It may be necessary for the government to implement policies to address these economic challenges and stabilize the economy.
It is not uncommon for organizations like the IMF and global leaders to express concerns about the stability of an economy, particularly if there are risks that could affect the ability of the country to make loan repayments. In the case of Pakistan, there may be a number of factors that are contributing to concerns about the country’s economic stability and its ability to make loan repayments under the China-Pakistan Economic Corridor (CPEC). These factors could include a high level of debt, a large fiscal deficit, a lack of foreign exchange reserves, and a slowing economy. It is important for the Pakistani government to address these challenges in order to restore stability to the economy and ensure that it can make its loan repayments on time.
The China-Pakistan Economic Corridor (CPEC) as a source of Economic Power
