The recently concluded elec­tion has left the public eager­ly awaiting a clear strategy from political parties to address press­ing economic concerns, includ­ing inflation, growth, debt, and investment. Meanwhile, our GDP lags be­hind global standards, public debt has hit record levels, and the in­vestment budget remains insuffi­cient to set the country toward a growth trajectory. To begin with, the State Bank’s attempts to control inflation through monetary tools have failed due to deep-seated struc­tural issues. Despite celebrating the victo­ries, political parties must recog­nize the gravity of the challenges facing the nation. Only through these measures can we uplift the lives of ordinary citizens and set our country on a prosper­ous economic path.


Source:   The Nation
February 19, 2024 04:50 UTC