Pakistan's 'Paper Progress' Hides Empty Pockets, Report Reveals Economic Crisis

• A recent report highlights a stark contradiction in Pakistan: while official figures boast 'Macroeconomic Stability,' the public faces severe destitution.
• Pakistan's GDP growth rate of 2.47% barely keeps pace with its population growth of 2.55%, indicating no real per capita progress.
• The country has experienced its highest inflation in 50 years, severely eroding the purchasing power of its citizens, especially in urban areas.
• Income inequality has widened significantly, with the richest families' income growing by 119.25% since 2018-19, compared to only 80.45% for the poorest.
• Chinese investment and a demand-based economic strategy failed to deliver expected results, compounded by a failing education system producing 'unmarketable' youth.

Why It Matters: Pakistan's economy is in crisis, with official 'progress' masking high inflation, widening inequality, and a failing education system.