Better economic management can bring various social changes to the country. A report submitted by the Ministry of Planning and Development, about 24.3 percent of Pakistani lives below the poverty because of joblessness. Unemployment among youths has reached more than 10 percent. In a country like Pakistan, it is a worrying situation that the largest percentage of youths, according to the United Nations Development Program are jobless. Hence, a thriving economy creates more job opportunities which is the root cause of growing poverty in the country.

Apart from social reforms, a stronger economy in our country can resolve the prolonged and daunting political instability which has resulted in corruption, particularly in the early decades. According to the data of Pakistan Corruption Ranks 2022, the country is the 140 least corrupt nation out of 180 countries which is alarming for a country that is considered the 6th most populated country worldwide.

When it comes to educational advancement in the country, a stable economy plays a key role in the country’s educational sectors as well. For instance, A promising economy of a country can be able to create a good institutional structure. According to reports, Pakistan ranks 164th in investment in education. Pakistan needs to be economically stable to create a literate nation that further contributes to other sectors of the country progressively.

To sum up, A good economy is one of the greatest blessings for a developing country. Indeed, a promising economy is the only asset that can bring positive changes in the innumerable sectors of the country which can shape Pakistan into a better and more respectful place to live.