Economic crises in Pakistan

  In this article you will be able to find the answer to the following questions: ☑  Economic crisis in Pakistan. ☑ How to get Pakistan out of this crisis? ☑ What is the role of a mathematician in solving the economic crisis of Pakistan? Economic Crisis in Pakistan  Pakistan has faced several economic crises throughout its history, some of which are as follows: 1970s Oil Crisis  In the 1970s, Pakistan faced an economic crisis due to the global oil crisis. This crisis led to a surge in oil prices, which put pressure on Pakistan's balance of payments and led to high inflation. 1990s Economic Crisis  In the 1990s, Pakistan faced a severe economic crisis, which was characterized by high inflation, a large fiscal deficit, and a significant external debt burden. This crisis was caused by a combination of factors, including excessive government spending, a decline in exports, and a lack of foreign investment. 2008 Global Financial Crisis The global financial crisis of ...