Will the elections bring Pakistan's economy out of its crisis?. Inflation - which reached about 30% in December - has been rising since the beginning of last year.
The Pakistani rupee fell in 2023 by about 20% against the dollar, and it is expected that the rupee will continue to decline slightly. In recent months, the official unemployment rate has risen to a record high of 8.5%, meaning between 8 and 9 million people are falling into poverty. Pakistan is facing a stifling crisis due to the volume of foreign debt, which exceeds 128 billion dollars.