Pakistan's Economic Policies Criticized for Disproportionately Benefiting Wealthy and Well-Connected
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Pakistan's economic policies often end up benefiting the wealthy instead of supporting wider economic development.
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The high policy interest rate exacerbates inequality by making financing unaffordable for many small businesses.
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Selective trade liberalization has increased protections and advantages for politically-connected special interest groups.
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Real estate developers and participants in amnesty schemes have received substantial tax exemptions.
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The government needs to reduce its economic footprint, phase out subsidies, and liberalize the economy to foster growth.