Pathways to Pakistan’s prosperity

Finding the pathway to Pakistan’s prosperity demands a multi-directional approach and given our policy complexities and constraints, economists alone cannot undertake this job. At the 3rd Pakistan Prosperity Forum organised by PRIME, an environment was created to discuss pathways to Pakistan’s prosperity and in this article, I will share key takeaways from this exercise. There are various indicators to look at to assess whether public debt is sustainable or not. Read IMF sees $8b dip in debt in two yearsAs an expense item, debt servicing has grown faster than any other item over the last few years. While it is the mandate of the government, it must be accompanied with a serious discussion on tax reforms.