Since the implications of high and volatile food prices differ widely across countries and across groups within each As already discussed that Pakistan has faced Over two thousand people have died and over a million homes have been destroyed since Hence, the economic growth and welfare of the country is dependent on the development of agriculture sector. The development of this sector
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The virus was confirmed to have reached Pakistan on 26 February , when two cases were recorded a student in Karachi who had just returned from Iran and another person in the Islamabad Capital Territory. Pakistan currently has the 2nd-highest number of confirmed cases in South Asia after India ; the 9th-highest number of confirmed cases in Asia ; and the 31st highest number of confirmed cases in the world. On 15 June, daily new confirmed case numbers reached their peak, with 6, new cases recorded , but since then, new daily cases and the percentage of people testing positive have trended downwards. In late June, the number of active cases in Pakistan stabilized, and beginning in July, started showing a significant decrease.
A Portrait of the Death of an Economy My topic deals with Pakistan, its relationship with the IMF and World Bank, and its internal problems that are causing unemployment, poverty, economic crisis and hunger. I shall be analyzing the situation using the neo-classical theory, as it is what the economists of the Pakistan government and the IMF are using to alleviate the economic instability of the country. Situated in the sub-continent, Pakistan is a low-income country, with great promise for growth. Unfortunately, it is held back from reaching middle-income status by chronic problems like a rapidly growing population, sizable government deficits, a heavy dependence on foreign aid, recurrent governmental instability and large military expenditures.