According to latest United Nations report on the state of the world economy,
Pakistan’s economy is expected to recover slightly from 2021 onward as increased government revenues from a tax hike allow expanded public investment and as other government reforms required by the International Monetary Fund (IMF) begin to bear fruit. The ‘ World Economic Situation and Prospects 2020 ’ report emphasised that “continued commitment to reform, combined with productive investment in infrastructure and strategic capacity development, will be critical for the country to find its way back to its previous growth path.”
Will Pakistan be able to continue the reform?
Though it’s nice to hear that Pakistan will be seeing an economic rise in the future, however, that future is only possible if Pakistan stay true to the reforms that are taking place especially the tax reforms. Pakistan will have to stay staunch and generate revenue from tax. And for that strict measures need to taken to tackle with tax evasion.