Pakistan Is An Economic Country!
Pakistan is categorized as a developing nation in South Asia, having a diverse population of over 220 million individuals. Its economy is a mixture of public and private enterprises, as well as a vast informal sector. The country is enriched with numerous natural resources such as fertile agricultural land, minerals like coal, copper, and gold, and has significant natural gas reserves. Nevertheless, Pakistan encounters substantial economic obstacles, including poverty, inequality, and high debt levels. According to the World Bank, as of 2020, roughly 24.3% of the Pakistani population lived below the poverty line, while the top 10% of the population earned approximately 27% of the nation's total income. Pakistan also experiences challenges with high internal and external debt. As of 2020, Pakistan's external debt was approximately $115 billion, and its internal debt was estimated at around $100 billion, which has limited the government's ability to invest in crucial areas ...