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Pakistan’s economy faces ongoing crisis with high debt, low reserves, and poverty despite repeated IMF aid and reforms.
Pakistan’s economy remains in crisis, relying on repeated IMF bailouts and asset sales to avoid default.
Despite emergency funding and debt relief, external debt exceeds $130 billion, reserves cover only about 1.5 months of imports, and inflation reached 38% in 2023.
The tax-to-GDP ratio remains at just 9%, hindered by elite tax evasion and military-linked conglomerates.
Fuel prices, unemployment, and poverty are high, with nearly 40% of the population in multidimensional poverty.
Repeated IMF reforms have delivered temporary relief but no lasting change, as structural issues like elite capture and weak governance persist.
La economía de Pakistán se enfrenta a una crisis continua con una deuda elevada, bajas reservas y pobreza a pesar de la ayuda y las reformas repetidas del FMI.