The International Conference on Climate Resilient Pakistan, held in Geneva on 9 January 2023, focused on rebuilding after the devastating 2022 floods, launching Pakistan’s Resilient Recovery, Rehabilitation and Reconstruction Framework (4RF), and mobilising international financial support for climate-resilient recovery. Official assessments placed flood damages above $14.9 billion, economic losses around $15.2 billion, and resilient reconstruction...Read More

Pakistan’s economic crisis has been shaped by persistent balance-of-payments problems, inflation, currency depreciation, weak foreign-exchange reserves, rising debt, political instability, energy pressures and repeated reliance on external financing. The article examines the severity and causes of the crisis, Pakistan’s relationship with the IMF, external support and the need for structural reforms. Pasted textRead More