Episode 122: South Asia Outlook 2022 - Pakistan
After performing well in the early part of 2021, Pakistan's economy has now taken a sharp turn with high inflation, wide trade deficit and larget debt. It's cabinet has also approved a supplementary budget seeking to withdraw tax exemptions and introducing other revenue generating measures in order to access the US$6 billion (S$8.12 billion) loan from the International Monetary Fund. It has also collaborated with China on the China-Pakistan Economic Corridor, a project that is aimed at boosting the country's economy. To get greater insights into these developments, Ms Nithya Subramanian, Editor at ISAS, spoke to Dr Danish Khan is Assistant Professor of Economics and co-Director of the ‘Inequality, Poverty, Power & Social Justice’ Initiative at Franklin & Marshall College, USA.
