Ensuring economic, national security
We are all aware of the short-term economic relief: a 60-year low inflation rate, remittances nearing $4 billion in a month, a current account surplus of nearly $1 billion and global oil prices dropping sharply from the low $80s to the $60s per barrel. We're also anticipating almost certain inflows of $2 billion from the International Monetary Fund (IMF), including climate-linked funding, a sustainable increase in the tax-to-GDP ratio — though this disproportionately burdens the formal sector — and an astronomical rise in the KSE-100 index to 120,000 points. Interest rate cuts from the peak of 22% to 10% in the coming months are widely expected. But while these indicators paint a positive picture, the real work begins now.