Situationer: How US-Iran peace can help steady Pakistan’s ship

MINUS the nuts and bolts, it appears as if the US and Iran have reached an agre­ement to end the Mideast war that has proven ruinous for the world’s economy. For now, Pakistan’s slow slide back into macroeconomic decline appears halted, with the new budget offering a glimmer of hope amid renewed geopolitical stability. That is not to say that the conflict has not wrea­ked havoc. According to the IMF’s World Economic Outlook for April 2026, global growth is projected to slow to 3.1 per cent in...

By [email protected] (Fatima S Attarwala)