ISLAMABAD (National Times) – The World Economic Forum in its global crisis risk report has identified 10 risks faced by Pakistan till 2025.
In its ‘Global Risks’ report, the global forum said that Pakistan is among larger emerging markets exhibiting a heightened risk of default. In coming two years Pakistan can face shortage of food, cyber security issues, inflation and economic crisis.
According to the report, affordability and availability of basic necessities can stoke social and political instability. It said water stress was widespread and its scarcity, combined with paralysis of international cooperation mechanisms, has necessitated a degree of water nationalism, resulting in prolonged disputes.
The report also referred to the super floods in Pakistan which destroyed swathes of agricultural land, increasing commodity prices significantly in a country already grappling with record 27% inflation.
