Pakistan’s Budget 2023-2024: A Critical Analysis

The recently unveiled budget in Pakistan has faced significant criticism for its lack of imagination and incompetence in addressing the severity of the country's economic crisis. Many argue that the government's decision to increase salaries by over 30% is misguided, considering Pakistan's struggle to meet its financial obligations and ongoing negotiations with the International Monetary Fund (IMF). Moreover, the budget's flawed assumptions about tax revenues and its reliance on outdated strategies suggest a lack of fresh ideas and a focus on short-term political expediency rather than long-term economic recovery.

Navigating and Unravelling the Political Economic Poly-crisis

The recent political and economic upheavals in Pakistan are manifestations of the once-in-a-generation poly-crisis, in which multiple crises converged, strengthened one another, and nearly spiraled out of control. If such emergencies are left unrestrained, they can cause a rough framework collapse. The fact that all parties involved are currently attempting to control this upheaval is not surprising. In any case, it is critical to look at recent events to deeply comprehend the reason behind their occurrence and how they can be forestalled in the future.

Water Scarcity Threat: Pakistan’s Battle for Survival

Haider Ali, a student of Politics and International Relations at Quaid e Azam University in Islamabad, highlights the critical issue of water crisis in Pakistan. In his analysis, he discusses the causes and consequences of the water crisis, emphasizing the need for a comprehensive and long-term water policy to avoid a severe water crisis in 2025. He suggests that Pakistan must invest in infrastructure for water storage, promote water conservation practices, and implement stringent pollution control regulations to alleviate the water crisis.