Yes, GDP touched around 6%, but that was a post COVID rebound with heavy stimulus and record remittances. It wasn’t export led or sustainable. During that same period, the current account deficit blew up to around USD 17bn, reserves fell, and the rupee came under pressure. If growth immediately leads to an external crisis, it’s not strong fundamentals, it’s overheating. Sustainable growth is measured by exports, reserves, and stability, not just one headline number.
Winning elections doesn’t automatically prove economic transformation. After 14 years, KP is still heavily dependent on federal transfers, has limited industrial growth, weak export contribution, and repeated financial crises in universities and hospitals. NFC affects fiscal space, sure, but structural reforms, revenue generation, and governance quality are provincial responsibilities. Votes are political validation, not economic proof.