While the numbers might look a little better on the surface, many experts believe Pakistan’s economy still isn’t strong enough to deal with shocks coming from outside the country.
Oil prices going up, changes in global trade, or even tensions in the region could easily throw the country off balance again. Economists say the situation is stable — but still shaky.
“We’ve managed to stay afloat for now,” said one financial analyst based in Islamabad. “But the truth is, if anything major happens in the global economy, we’re still at serious risk.”
Pressure from Imports and Debt
Pakistan depends heavily on imported fuel and raw materials. When international prices jump, it puts direct pressure on the national budget and raises the cost of living back home. The government has tried to control imports, but that’s only a temporary fix.
Then there’s the debt. The country has big loan repayments coming up in the next few months. Experts warn that if global lending conditions tighten or investors pull back, it could make it harder to roll over existing loans or get fresh ones.
Exports and Remittances Slipping
Overseas remittances have slowed down, especially from the Gulf countries, where many Pakistanis work. That’s another hit to foreign reserves.
On top of that, exports — mainly textiles — are facing trouble. High electricity costs and weak demand from Europe and the U.S. are dragging the sector down. One exporter from Lahore shared, “Orders have dropped. We’re just trying to stay in business.”
Currency Stable, But For How Long?
The rupee has held its ground in recent weeks, but it’s still under pressure. Any shake-up in oil prices or delays in foreign payments could weaken the currency again.
Looking Ahead
Economists say Pakistan needs more than temporary fixes. Long-term reforms, better tax collection, and investment in local industries are key. Until then, the economy will remain exposed to risks it can’t control.
