*ISLAMABAD - The looming water scarcity is the biggest risk facing Pakistan’s economy, according to a World Economic Forum report.*
The study link reviewed the biggest risks to 140 economies across the globe.
It revealed that the biggest threat to Pakistan is water crisis, followed by unmanageable inflation, terrorist attacks, failure of urban planning and failure of critical infrastructure.
On inflation, the report states: “There are already indications of mounting price pressures in some countries: inflation in India increased from 1.5% in June 2017 to 5.1% in January 2018, while, in July this year, Pakistan’s inflation rate reached a four-year high.”