Pakistan nears collapse as indicators reveal its economy is under stress: Report

Pakistan is nearing economic collapse as major indicators show its economy is under stress, Dawn reported. This comes as inflation is expected to hit 9-10% next year, and GDP growth estimation has been cut to 2.5-3% for FY27. Pakistani rupee is likely to hit 298/US dollar by FY27 as Pakistan's stock market emerges as one of the world's worst-performing markets.