The economies of developed countries are very stable that is the reason that such countries are very rich and living standards of the people of country are very high. Pakistan is not a developed country that is the reason why its economic condition is very weak .Its last year GDP rate was 2.6 which is very poor and now it is excepted to be negative. Many governments announced that there first priority is economy but unfortunately this problem is looking at us and we are not able to get rid of it.
PTI government also promised that they would boost the economy but now after two years their performance regarding economy is very poor and it is getting worst day by day .Another problem is that the debt on our country is very huge and it is not allowing the economy to accelerate. Tax collection is also discouraging the efforts of stable economy .The amount of tax collected in Pakistan is very low than our potential. Another reason is that there is no continuity in economic pollicies.So these were the important aspects of Pakistan’s economy. I hope that our economy will become strong in the future
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