This report forecasts key economic variables for Pakistan in 2025. It evaluates GDP Growth, Inflation, Demographics, Investment, and Debt levels, among other factors, thereby offering insights into the nation’s short- and long-term economic trajectory amidst global turbulence. The report proceeds while keeping Pakistan’s economic performance over the past decade in mind, noting that the twin disruptions of Covid-19 (2020-21) and Global Inflation (2022-24), have heightened economic volatility. Additionally, the austerity measures tied to Pakistan’s 2024 International Monetary Fund Agreement are examined critically. As such, the report provides a nuanced perspective on navigating economic recovery and resilience in an increasingly unpredictable global landscape.

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Space-Enabled Warfare in the 21st Century: Pathways for Developing States
Space has emerged as a distinct domain of warfare alongside land, sea, air, and cyber. Developed countries like the United States, Russia, and China possess offensive and support capabilities in space. In the shadowed expanse of Low Earth Orbit (LEO), where satellites operate like silent custodians, the 2022 Russian invasion of Ukraine transformed the nature of modern conflict. As Russian troops marched forward, the commercial satellites like Maxar and Planet, which are operated by Western firms, captured high-resolution imagery of Russian troops, providing real-time intelligence to Ukrainian commanders, unlike ever before.
The US-Israel War on Iran: Objectives, Strategy, and Escalation Management
Zahra Niazi
‘States tend to overestimate themselves or the benefits and swiftness of war, and to underestimate their opponents’ capabilities, intentions, or the costs and duration of war.’ If anything, the 2026 war initiated by the United States and Israel against Iran shall be remembered in the annals of warfare among the most visible manifestations of this dynamic.
The war, immediately preceded by the January mass protests in Iran, did not represent a sudden rupture but rather the continuation of a 47-year-long confrontation and a more intense phase of the June 2025 war.
The US Secretary of War, Pete Hegseth, defined the war’s objectives as being laser-focused: to destroy Iran’s missile capabilities and its security infrastructure, while ensuring that it could never develop nuclear weapons. Beyond these stated objectives, among the priorities on the continuum also lay the objective of regime change, with both President Trump and Prime Minister Netanyahu explicitly calling on the Iranian population to take over the government at the outset of the war.
Marka-e-Haq to the Peace Talks: Pakistan’s Middle Power Status
On 7th May 2025, Pakistan’s military forces took the international security community by surprise when it demonstrated operational superiority against its larger belligerent adversary India with its rapid and coordinated response. The Four-Day conflict proved to be a watershed moment for Pakistan, marking its rapid emergence as an important player in the region. In recent years, amidst the ongoing global competition between the United States and China, Islamabad has adopted a position of ’Strategic Balancing,’ where it maintains ties of cooperation with both Beijing and Washington. Deft diplomacy, emphasis on geo-economics, and credible conventional and strategic deterrence have remained the foundational pillars for Pakistan’s ambition as a rising middle power

