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flag Former finance minister warns of Pakistan's economic instability amid rising poverty, unemployment, and mismanagement, urging structural reforms and policy continuity for sustainable recovery.

flag Former Finance Minister Miftah Ismail questioned Pakistan's economic stability, citing rising poverty and unemployment despite government claims, and criticized reliance on IMF loans and mismanagement in state-owned energy firms. flag At the Karachi Literature Festival, economists and officials stressed the need for structural reforms, including tax modernization, privatization of utilities, export-led growth, and reducing state involvement in business. flag They emphasized policy continuity, institutional strengthening, and addressing regional disparities and terrorism to achieve sustainable recovery, with broad consensus that long-term planning is essential.

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