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Byline: SHAHID ALI, FAZLI RABBI AND NAVEED ALI
The major problems, the economy of Pakistan is facing in recent years, are the macroeconomic imbalances and sluggishness of the economy. On the one hand, the whole burden lies on the shoulders of vulnerable class in the form of high food and non-food prices and low level of income. On the other hand, the macroeconomic policies of the government badly ruin the lower class of the society.
Presently, the economy of Pakistan is facing some serious threats in the form of high fiscal deficit, current account deficit, war on terror and food shortage etc. The devastation caused by floods has been unprecedented. It engulfed the whole nation and created a humanitarian catastrophe in the country.
It has badly affected the agriculture sector as standing crops …