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Challenges for the New Government.

Authors :
Siddiqui, Raheela
Source :
Enterprise (Pakistan). Apr2022, Vol. 28 Issue 4, p6-6. 1p.
Publication Year :
2022

Abstract

The one task a new government can take up is to inform all political actors and adversaries about the economic catastrophe which Pakistanis are about to face, and to make them work towards a shared consensus on economic direction. The widening fiscal gap jacked up interest rates on local government papers above the 13pc psychological barrier understandably when perhaps for the first time the government of Pakistan is doling out a significant amount of public money to large populations to run their cars and buses at cheaper petrol and diesel rates. The economic crisis is so deep that drastic measures will be made, which will result in further inflation, much higher petrol and electricity rates, a dollar closer to Rs200, and a higher interest rate. [Extracted from the article]

Details

Language :
English
ISSN :
22242309
Volume :
28
Issue :
4
Database :
Academic Search Index
Journal :
Enterprise (Pakistan)
Publication Type :
Periodical
Accession number :
156674617