Commentary
Pakistan faces numerous political problems, including rampant corruption, bad governance, allegations of human rights violations, and perceived interference of international monetary organisations in the domestic affairs of the country. These problems contribute to the economic malaise currently facing the country.
In Aug. 2021, Uzair Younus, the author of “The Impact of COVID-19 on South Asian Economies,” a special report published by the United States Institute of Peace, lamented the inability or unwillingness of Pakistan’s political class to work together with the Khan government—since defeated—to solve the country’s intractable economic crisis (pdf):
“Furthermore, the resumption of the IMF’s stabilization program will likely force the government to pursue deficit-reducing policy measures that could create economic headwinds and inflict additional pain on Pakistani households,” he writes….