Karachi, Pakistan's economic heart and financial capital, continues to underperform due to decades of administrative neglect, failing infrastructure, and chronic water shortages. The city's low liveability ranking reflects realities like congested roads, inadequate services, and project delays, such as the K-IV water supply, now expected by 2029. These issues impose significant economic costs, disrupting industry, discouraging investment, and reducing national productivity, as fiscal constraints repeatedly interrupt critical development projects. Continued neglect of Karachi, a national economic necessity, could further pressure the Pakistani Rupee and influence local gold prices.
بحوالہ / Source: www.brecorder.com