Combating inflation
February 20, 2018
Rising inflation is one of the major obstacles in the way of economic growth. The inflation rate has increased by 4.4 percent in January 2018 where as in 2017 the rate stood at 4.1 percent. In order to make the economy better as well as to relieve the common man, inflation must be controlled.
The use of locally-manufactured product should be encouraged and the trade of expensive imported products should be avoided. The government should give subsidy to the agriculture sector in order to promote it. Investment in the production of essential commodities is also a necessary measure to control price level. It is time that our government and authorities paid serious attention to this matter.
Midhat Aftab
Karachi
-
Polar Vortex ‘exceptional’ Disruption: Rare Shift Signals Extreme February Winter -
Which Countries Are Worst And Best In Public Sector AI Race? -
Matthew McConaughey Opens Up About His Painful Battle With THIS -
Emma Stone Reveals She Is ‘too Afraid’ Of Her ‘own Mental Health’ -
China Unveils ‘Star Wars’-like Missile Warship For Space Combat -
King Charles Facing Pressure Inside Palace Over 'Andrew Problem' -
Trump Refuses Apology For Video Depicting Obama As Apes Amid Growing Backlash -
Jesy Nelson Reflects On Leaving Girls' Band Little Mix -
World’s First Pokemon Theme Park Opens In Tokyo, Boosts Japan Tourism -
Waymo Trains Robotaxis In Virtual Cities Using DeepMind’s Genie 3 -
5 Simple Rules To Follow For Smooth, Healthy Hair -
$44 Billion Bitcoin Blunder: Bithumb Exchange Apologizes For Accidental Payout -
Katie Price Ends Public Feud With Ex Peter Andre After 16 Years -
Apple May Bring ChatGPT And Other AI Apps To CarPlay -
Meghan Markle, Prince Harry Likely To Attend Super Bowl Halftime Show 2026 -
AI Next Big Trial: Elon Musk Calls For ‘Galileo Test’ To Prove True Intelligence