Solution

The primary causes of Pakistan's sluggish development and the resurgence of poverty are as follows:
1. Increased Dependence on Public Sector Businesses The increased reliance on public sector enterprises is the primary reason behind Pakistan's poor economic growth. Pakistan mostly depended on a protectionist strategy that gave public sector enterprises a leading role. Dormant economic growth was caused by the operational inefficiencies of public sector businesses and the inefficient use of limited resources.

2. Typical Agricultural Methods: Low production was the outcome of Pakistan's agricultural policies, which mainly relied on conventional techniques and the whims of the climate system. As a result, the agricultural industry was unable to prosper to the degree that was anticipated.

3. Undeveloped Manufacturing Sector: Remittances from Pakistani laborers in the Middle East and exports of agricultural items with significant volatility accounted for the majority of Pakistan's foreign exchange profits. This might be considered one of the factors slowing down economic growth. This is due to the fact that the influx of remittances in place of the necessity for manufacturing sector expansion to generate foreign cash by exporting manufactured products.

4. Dependence on Foreign Loans Growing For obtaining the necessary foreign currency, there was an increasing reliance on foreign borrowing. In the years of agricultural failure, Pakistan struggled more and more to repay these debts together with the escalating interest commitments.

5. Lack of Political Stability: The absence of political stability necessitated significant public expenditures to keep the country's law and order. The nation's economic resources were depleted as a result of this massive public spending.

6. Pakistan also struggled to draw in enough foreign investment because of its unstable political environment, lack of international reputation, and underdeveloped infrastructure.