The economy of Pakistan is a mixed economy with agriculture, manufacturing, and services as its major sectors. Agriculture remains a vital part of the economy, employing a significant portion of the workforce, while the textile industry is a leading contributor to exports. Pakistan also has a growing services sector, including banking, telecommunications, and information technology. However, the country faces persistent economic challenges such as high inflation, fiscal deficits, a large informal economy, and reliance on foreign aid and remittances. Efforts are ongoing to stabilize the economy through structural reforms, investment in infrastructure, and programs with international financial institutions like the IMF.
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