Sunday April 02, 2023

Sounds like a plan

January 27, 2023

I am writing to express my concern about the current state of inflation in Pakistan. Despite efforts by the government to address the issue, the cost of living for many Pakistanis continues to rise, putting a strain on households and businesses alike. One of the main causes of inflation in Pakistan is the high cost of food and fuel. The country imports a significant amount of its food and fuel, and fluctuations in global prices can have a significant impact on local prices. Additionally, there are structural issues in the country’s agricultural and energy sectors that contribute to inflation.

In order to address these issues, the government should focus on increasing domestic food production and reducing dependence on imports. This can be achieved by investing in irrigation and other infrastructure projects, as well as by providing subsidies and other incentives to farmers. Similarly, efforts should be made to increase domestic energy production. This can be achieved by investing in renewable energy sources such as solar and wind power, as well as by improving energy-efficiency. It is also important for the government to take steps to improve transparency and accountability in the economy. This can be achieved by strengthening institutions such as the Central Bank, and by encouraging greater participation of the private sector in the economy.

Fahaam Ahmed