How Pakistan’s economy has dwindled over the past three decades is not difficult to gauge. Delaying default by cosmetic measures would further compound the economic predicament of Pakistan and augment miseries for its 240 million people. Is there a way out of the economy crisis that is ticking like a time bomb? After all, Pakistan’s economy has declined because of corrupt and incompetent leadership which remained at the helm of affairs for around four decades. Unless Pakistan is cleansed of corruption, nepotism, extremism and mafias, there is no way the country can defuse the ticking time bomb of the economic meltdown.

Source: The Express Tribune June 06, 2023 07:44 UTC