AIonomics

Image Source: Daily Tribune (2023) The healthcare system in Pakistan is facing many challenges that affect its quality, accessibility, and affordability. Some of the key reasons behind the deteriorating healthcare system are: The Status:  Pakistan had the highest maternal mortality ratio compared to its 11 neighboring countries, at 140 deaths per 100 000 live births in 2017. The median value of all 37 OECD countries was 9 in 2018. Pakistan had the highest neonatal mortality rate among the 11 neighboring countries, at 38 deaths per 1000 live births in 2018. The median value of all 37 OECD countries was 2.3 in 2019. Pakistan had the lowest life expectancy at birth among the 11 neighboring countries, at 67.3 years in 2018. The median value of all 37 OECD countries was 81.3 years in 2019. Low public spending on health:  Pakistan has the 2nd lowest public health expenditures as a percentage of GDP in the world, at 2.9% in 2020. The median value of all 37 OECD countries ...

The macroeconomic status of Pakistan's economy is precarious and challenging, as the country faces multiple shocks and pressures from both domestic and external sources. According to the latest available data and forecasts, Pakistan's economy is expected to experience a sharp slowdown in growth, a surge in inflation, a widening of fiscal and current account deficits, a depletion of foreign exchange reserves, and a rise in public debt. Here is a brief overview of the main indicators and projections for Pakistan's economy: - GDP growth: Pakistan's economy is estimated to have grown by 6.0% in FY2022, driven by strong performance in the agriculture, industry, and services sectors⁶. However, this growth momentum is forecast to be disrupted by devastating floods that hit the country in July 2023, causing widespread damage to crops, infrastructure, and livelihoods⁸. Moreover, the government has implemented policy tightening measures, such as raising interest rates, cutting su...