s the year 2022 reaches its end, Pakistan’s economy is mired in complex issues. A review of Pakistan’s economy during 2022 must start with an analysis of economic conditions during the last turbulent days of the PTI-led government.
National economy had been performing poorly during most of the PTI-led government. By the end of 2021, however, it had started a slow recovery, with the GDP growth projected at slightly over 2 percent. The economic slowdown did not affect all population groups equally: the agriculture sector, which primarily employs the poorest in Pakistan’s labour force, had been hard hit, resulting in a significant increase in poverty.
Several factors contributed to economic difficulties during the PTI government. Political instability, rampant corruption (even though ending corruption was the central plank of PTI’s electoral manifesto), poor law and order, severe limits on free speech, weak economic…
