In recent years, Pakistan has seen severe economic unrest marked by a declining economy, excessive inflation, unsustainable debt, poor investments, and a balance-of-payments problem. The political unrest that has persisted since the PTI was overthrown in 2022 has only made the economic turmoil worse. The nation just avoided defaulting last summer thanks to an emergency lifeline provided by the IMF. This image highlights the enormous task that the PML-N’s incoming minority government and its chosen finance minister will face. Everyone agrees that the most pressing task facing the incoming finance minister will be to swiftly negotiate a new extended programme with the IMF to replace the current interim facility.
