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PTI tries to reduce mehngai : Budgeted CPI 6.5% for next year
However, since few months govt is apparently working overtime to reduce inflation. Despite the criticised budget, PTI govt leaves a silver lining: low inflation.
However, since few months govt is apparently working overtime to reduce inflation. Despite the criticised budget, PTI govt leaves a silver lining: low inflation.
Be it tomato-flation, sugar crises, wheat crises & now, chicken prices the govt. is swinging into action faster than historical evidence. Be it reduced import duties, allowing imports by pvt sector, banning exports & vigilance on hoarders. Actions are visible, prompt & decisive.
There seems to be a covert coordination. You (govt) keep the CPI low, & I (SBP) will keep lowering the discount rate. That's smart thinking. Right thinking. That is good governance. Supported by falling oil prices to $40, lowflation can give respite to the incomes many.
Since government hasn't increased salaries, private employers are shying away either. Macro economic stability prerequisites a) moderate inflation b) monetary easing c) gdp growth d) job opportunities d) improving FX reserves and e) lowering national debt. "a" is the gateway.
@StateBank_Pak @PakPMO @FinMinistryPak @Asad_Umar @ansukhera @ImranKhanPTI @ShandanaGulzar @MalikZunera @AajKamranKhan @PTISindhOffice @imf_pakistan @rezabaqir @YusufMoeed @DaghaYounus @FBRSpokesperson @razak_dawood @ThePBC_Official
