Without escaping low growth through productivity and inclusion, higher taxes and borrowing only recycle stress instead of fixing Pakistan’s economy.
By Dr. Ikramul Haq

Read more: thefridaytimes.com/17-Jan-2026/...

#PakistanEconomy #LowGrowthTrap #ExtractiveState #StructuralReform #Growth #Economic

Pakistan’s Low-Growth Trap: Why Debt, Taxes, And Reform Narratives Keep Failing Pakistan’s crisis is structural, not fiscal: low growth, extractive governance, morbid taxation, and weak institutions keep the economy trapped in perpetual

Pakistan’s crisis is not debt or taxes alone, but a low-growth trap created by extractive elites and policies that suppress productivity and investment.
By Dr. Ikramul Haq

Read more: www.thefridaytimes.com/17-Jan-2026/...

#PakistanEconomy #LowGrowthTrap #ExtractiveState #StructuralReform #Growth