Economic Crises In Pakistan An economy is a complex structure of consumers and producers which have a beneficial role for each other. Pakistan's economy is a mixed type of economy that has three major sectors i.e. agriculture, industry, and services. The contribution of these sectors into the economy is given as agriculture contributing 21% of the GDP; industrial share is 20.9% while services sector share is 57.7% of the GDP. The trade account remained in deficit during most of the years in history and is still in the same condition due to more dependence on imports. The excessive dependence on imports has also disturbed our foreign exchange reserves. The continuous devaluation of the Pakistani rupee was also a result of these economic problems. Public debt, to manage the economy, is rising sharply as it reached more than 60% of GDP. It is evident from the above discussion that Pakistan’s economy has a lot of problems, so an in...
