DefinePK

Abstract

<jats:p>An economist from Pakistan named Dr Ishrat Hussain created the word "daronomics" to describe the complicated connection between economic and political affairs in Pakistan. It stands out for its weak economic growth, sizable population, and complicated political system. Daronomics basically refers to Ishaq Dar's way of dealing with the economy of Pakistan. Daronomics refers to the valuation of local currency by artificially controlling the exchange rates. Daronomics has a significant impact on Pakistan's economy. The paper explores the linkage between economic dependence and foreign policy and identifies the problems in these two leading sectors of the state of Pakistan. This paper is based on data from secondary sources, including academic studies, journalistic sources, and reports from local, national, and international institutions and organizations. The research found that daronomics had been a critical term to Pakistan's dependency on foreign financial support.</jats:p>