Photo by Jeff Tome Hemlock forests provide a shady, cool refuge for animals and people alike.
How can one expect that what did not happen in 70 years, will be done within 5 years? High inflation is likely to persist undermining the benefit of four per cent growth projected for the coming year.
Political uncertainty and looming elections complicated the economic situation deterring both domestic and foreign investment.
Power sector debt also rose exponentially, compounding the circular debt problem which still awaits meaningful resolution.
For the ruling party, Punjab remained its Achilles heel, with a weak and lacklustre provincial leadership unable to provide an effective administration.
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The cool temperatures in the hemlock forests provide a valuable escape from the heat of the summer sun for many animals.
Fiscal vulnerabilities will remain and will have to be carefully managed as will domestic and external risks to the economy in 2022.