Pakistan’s new government, which took office in August, has inherited a series of urgent economic challenges. These include plunging foreign reserves, a balance of payments crisis, and water and energy shortages. The new administration, led by cricketer-turned-politician Imran Khan, will need to move quickly.

The question is, how serious are these economic challenges right now? What is to be made of the government’s initial moves? What still needs to be done? And what are the political challenges that Islamabad will face as it tries to move forward on the economic front?

This latest episode of The AfPak File, a joint podcast of RFE/RL and the Wilson Centerfeatures Dawn business editor Khurram Hussain and Wilson Center senior associate for South Asia Michael Kugelman, and is moderated by RFE/RL’s Media manager, Muhammad Tahir, focuses on these questions and more.

This podcast was originally posted by Radio Free Europe/Radio Liberty.