Misha Karim suggests that Pakistan’s economic crisis can be resolved by promoting entrepreneurship through government policies such as streamlined regulations and tax reforms. The International Monetary Fund (IMF) has been providing financial support to Pakistan to address its economic crisis. However, IMF loans come with conditions such as reducing government spending and increasing taxes, which can negatively impact the economy and the people. It is important for Pakistan to implement structural reforms such as streamlining regulations and taxes for small and medium-sized enterprises (SMEs) to promote growth and job creation. Supporting small businesses can play a key role in shaping the national growth strategy.
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Ms Misha Karim is pursuing an MS in IT from NUST University, Islamabad.