The World Bank has listed Pakistan's six main issues.
Islamabad: The World Bank has identified 6 major problems facing Pakistan.
The World Bank released a report based on possible reforms for Pakistan's bright future, in which it is said that Pakistan is facing a crisis of human capital, therefore, underutilization of available human resources is affecting production and development.
According to the World Bank report, 40% of children under 5 years of age are stunted in Pakistan, more than 20 million children are out of school in Pakistan, while 79% of children under 10 years of age are out of school. Are unable to read.
According to the World Bank, Pakistan is facing a high fiscal deficit. By the end of fiscal year 2022, the fiscal deficit has reached a 22-year high rate of 7.9 percent. Is.
The World Bank report further states that there is a lack of investment and exports due to inconsistency in policies, the agricultural sector of Pakistan is unproductive and stagnant, the share of the agricultural sector in Pakistan's GDP is 23 percent and Pakistan In India, the agricultural sector provides employment to 40 percent of the labor force.
According to the report of the World Bank, the energy sector in Pakistan is unreliable and heavy on the economy, the revolving debt in the energy sector in Pakistan is creating financial difficulties, while the public sector of Pakistan is ineffective, the axis of policy decisions in Pakistan is personal interests.
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