Inflation measurement distorted.

by Zafar Mohammed
(USA)

Inflation measurement is deceptive due to income disparity. Pakistan faces a dangerous trade deficit. Its upper middle-class benefits from a high proportion of Imports & inflation impact is distorted.

Rural/Urban disparity is another factor. Urban inflation is much higher and impacts the economy.

Current efforts to overvalue PKR to control inflation is destroying its balance of payments & creating an explosive debt burden.

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