The Ministry of Finance’s announcement foreshadowing a po­tential decline in inflation sparks a glimmer of hope amidst Pakistan’s economic turmoil. As Pakistan tiptoes through reforms under the IMF Standby Ar­rangement, managing inflation is not just another box to tick, it is the linchpin holding our economic stability together. For the time being, our economic resurgence is the number one priority, and we cannot afford to play fast and loose with inflationFor a huge chunk of our population, our inflation rates can mean the difference between putting food on the table or going hungry. It is also the measure of our economic resilience and the litmus test for our pol­icymakers’ competence. Keeping that in mind, we must move towards meaningful reforms, and reclaim control of our economic destiny.

Source: The Nation March 02, 2024 05:33 UTC