The letter refers to the article 'Sound money: a critical analysis' (TNS, April 7, 2024) by Abdul Rauf Shakoori & Dr Ikramul Haq, which presents a robust analysis of Pakistan's economic landscape, focusing on the critical role of sound monetary policies in creating economic freedom and stability. The emphasis on policy recommendations such as fiscal management, debt restructuring, and regulatory reforms amply highlights the urgency for strategic interventions.
The analysis serves as a valuable resource for policymakers, economists, and stakeholders interested in advancing Pakistan's economic prosperity. However, exploration of the root causes behind Pakistan's monetary instability and a discussion on potential international best practices for successful monetary reforms could have enriched the analysis further, in my view.
Sajjad Rizvi
Lahore
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