How The Economy of Pakistan is Likely to Improve
The IMF is now on top of Pakistan’s economy, as Pakistan Government has decided to take one new IMF loan. The prices of fuel and other commodities are one of the big changes that would take inflation to a new height.
The NEPRA revises the prices as per the economic needs. However, the difference may become sooner than expected. As the loans would settle in, the government would have to face a high ratio of inflation. High inflation is also affected by other factors, such as hoarding, shortage of supply, and shortage of dollars.
The State Bank of Pakistan now brings newer policies as per the law that dictates SBP to be more autonomous. This would help Pakistan to control fiscal deficits on a better scale.
The only good news that comes out of the IMF's loan is the Rupees pressure reliever. The rupee is now at a stable rate of Rs174. The stability of rupees is something that was sought out by the Pakistan Government since the Rupees value was diminishing at a very fast rate.
On the other hand, the matter of significant economical importance was CPEC. As the times move forward, the CPEC and China are indeed an integral part of Pakistan’s economic sector, where many industries are now part of what CPEC is connected with.