Missiles, markets and missed opportunities

Description

Dr Rana argues that although Pakistan’s economy shows some early positive signs, such as lower inflation, a current account surplus, and fiscal consolidation, it remains fragile amid volatile global commodity markets and renewed India-Pakistan tensions. He highlights risks from potential disruptions in water supply and agriculture, weak productivity, and dependence on imports. Rana suggests structural reforms, better fiscal planning tools, and increased resilience through commodity buffers, improved regional cooperation, and energy diversification to turn vulnerabilities into opportunities