Unemployment Crisis in Gilgit-Baltistan: A Call for Action

Unemployment in Pakistan's Gilgit-Baltistan region is alarmingly high, with rates between 70-80%. Despite rich resources, residents face economic hardships. Local banker Liaquat Ali Shah highlights the lack of industry and untapped tourism potential, urging government-civil collaboration to tackle unemployment, inflation, and social issues like suicide.

The unemployment crisis in Pakistan-occupied Gilgit-Baltistan (GB) has reached alarming levels, intertwining with the region's socio-economic and political challenges. Despite its strategic location and abundant natural resources, the area remains neglected and underdeveloped, depriving residents of economic opportunities.

Liaquat Ali Shah, a local banker, has voiced serious concerns about the soaring unemployment rates. According to Shah, the unemployment rate fluctuates between 70-80 per cent, forcing educated youth to seek opportunities elsewhere. 'In terms of unemployment, I estimate it to be around 70-80 per cent,' Shah stated. 'Despite high educational attainments, we see significant brain drain and capital flight from Gilgit. Young individuals excel in education but have to relocate domestically or internationally due to the lack of local job opportunities.'

Shah attributes the dire situation to the absence of large-scale industrial activity and highlights the untapped potential of the tourism sector. 'Tourism is a major attraction here,' Shah remarked. 'If the tourism industry were developed to international standards, akin to destinations like Switzerland or other parts of Europe, many job opportunities could be created.'

The ramifications of high unemployment extend beyond economic difficulties, contributing to severe social issues like suicide. 'One of the reasons for suicide in Gilgit-Baltistan is unemployment,' Shah revealed. He called for a collaborative approach involving the government and civil society to address interconnected issues like inflation, unemployment, and suicide prevention. 'Although the government may lack sufficient resources, partnerships with civil society can help mitigate these problems,' Shah concluded.