Economic panacea

Pleased to share our latest Policy Brief entitled “Debt Management & Fiscal Security in Pakistan.”

Developed by the School of Economics, Bahauddin Zakariya University, Multan, in collaboration with BNU Center for Policy Research (BCPR) and supported by the Punjab Higher Education Commission (PHEC), this policy brief examines the challenges of rising public debt and their implications for Pakistan’s fiscal stability and economic growth.

The brief highlights key issues, including increasing debt-servicing costs, persistent fiscal deficits, external financing vulnerabilities, and limited fiscal space for development spending. It also offers evidence-based policy recommendations to strengthen debt sustainability, improve fiscal governance, and enhance economic resilience.

I sincerely thank Dr. Zubair Iqbal, Honourable Vice Chancellor, Bahauddin Zakariya University, for his encouragement and support in making this initiative possible. I am also grateful to all colleagues, researchers, and policy experts whose valuable contributions enriched this work.

Evidence-based policymaking and prudent debt management are essential for ensuring Pakistan’s long-term fiscal security and sustainable economic development.

Blessed 💞

Honored to have participated as a panelist in the roundtable discussion held at Beaconhouse National University (BNU), Lahore, hosted by the BNU Center for Policy Research (BCPR) under the PHEC-funded CEPPED initiative.

Proud to share that this project has been secured under the guidance of Dr. Zubair Iqbal, Vice Chancellor, BZU, and that the School of Economics, BZU is working as a partner university in this important initiative.

The session brought together leading economists, policymakers, and academic experts from partner universities including BZU, UAF, PU, and UMT to deliberate on Pakistan’s evolving debt landscape. The discussion highlighted critical issues of debt sustainability, fiscal discipline, and the need for strong institutional reforms, while offering practical and forward-looking policy recommendations for sustainable fiscal governance.

Appreciation to the PHEC for establishing collaborative research clusters that unite academics across institutions to examine pressing issues and advance informed policy discussions in Pakistan’s changing environment. Eager to sustain joint efforts in tackling these significant policy concerns.
Punjab Higher Education Commission-PHEC-Prof Dr Iqrar Khan

Financial literacy is a crucial life skill that empowers individuals to make informed decisions, build financial security, and contribute to the economic growth of our nation.