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Economics is a branch of social sciences that deal with human behavior/interaction with respect to human beings’ unlimited wants and scarce/limited resources. In three years, Pakistan will be staring at acute water scarcity, basically, scarcity is known as the discrepancy between unlimited wants and scarce/limited resources, a situation that would leave millions of people and their land gasping for a trickle. Back in the 1950s, it was a water-abundant country with about 6,000 cubic meters per capita. Today, it is 1,017 cubic meters per capita only Pakistan's economy is experiencing a three-pronged challenge: internationally, it is dealing with rapidly increasing prices of essential commodities such as oil, gas, wheat, and sugar, Using the lower-middle-income poverty rate, the WB estimated that the poverty ratio in Pakistan stood at 39.3 percent in 2020-21 and is projected to remain at 39.2 percent in 2021-22 and might come down to 37.9 percent by 2022-23, reported The News International. To minimize unemployment, the government should provide additional incentives to investors in order to promote investment. It is vital to employ contemporary manufacturing techniques and provide subsidies in utility rates. The development of Pakistan's agriculture and industrial sectors will help to alleviate poverty.GDP Growth Rate in Pakistan is expected to reach -0.50 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Pakistan GDP Growth Rate is projected to trend around 1.50 percent in 2021 and 4.00 percent in 2022, according to our econometric models. As of 2020, With $2,709 bn, India's GDP is around ten times higher than Pakistan's gdp of $263 bn. In nominal terms, the gap is wider (above ten times) than in purchasing power parity terms (8.3 times). India is the 5th largest economy in the world in nominal method and 3rd largest economy in purchasing power parity method.The lack of a specialized public health certification authority in Pakistan has resulted in gaps in structured, standardised, and need-based public health education. The Higher Education Commission currently functions as the accrediting agency for all types of graduate and postgraduate education.Considering the economic situation of Pakistan and its standing position in the current world the supreme court should lead Imran Khan's government to complete the tenure as it was mandatory to hold the economic growth of the country on firm grounds. Apart from that multiple projects like the CPEC project, the construction of dams, and multiple other projects were underway during Imran Khan's tenure. Pakistan is ranked last in the world for gender equality. This disparity has been highlighted by the epidemic, which has highlighted the number of women working in Pakistan's informal sector, such as as domestic assistance, employees in tiny businesses on daily salaries, or owners of small businesses The results showed that both exports and imports increases dramatically having major effect on balance of trade, balance of payment and economic growth of Pakistan, but the increase in exports are much less than the imports Pakistan needs to raise more revenue to have resources for critical investments. Low domestic savings, below 10% of GDP for the past five years, do not support higher investment levels. The government's limited resources, partly caused by low tax collection, restrict its ability to investment in public projects