Pakistan's economy is showing signs of recovery. Inflation has eased, the rupee has remained relatively stable, foreign exchange reserves have improved, and the State Bank projects GDP growth of 3.5% to 4.5% this fiscal year.
Yet millions of Pakistanis continue to struggle. Businesses are not expanding, unemployment remains high, and foreign investment continues to decline.
In this episode of On My Radar, former Finance Adviser Dr Salman Shah explains why Pakistan remains trapped in a low-growth cycle despite improving macroeconomic indicators. He discusses why 4% growth is not enough for a country of more than 250 million people and why sustained growth of 6% to 7% is essential to create jobs, reduce poverty and improve living standards.
The discussion also covers:
• Why Pakistan's exports continue to lag behind regional competitors
• The sharp decline in Foreign Direct Investment
• How Vietnam, Bangladesh, India and Malaysia have outpaced Pakistan
• Why investment remains too low for long-term growth
• The structural reforms needed to achieve sustainable prosperity
Can Pakistan move beyond short-term stability and build an economy that delivers lasting growth?
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