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The Pakistani economy is suffering from stagflation. Interest rates are used as a stick to control inflation. If both interest rates are high and inflation is still not controlled, that speaks to the larger issues with the economy which cannot be solved…
National economy suffers from five perennial ills: deficit; debt; black economy; lack of capacity for capital growth and negative effects of population expansion. Budget 2014-15 makes an attempt to mitigate all five, though in varying degrees. Government presented the budget amid rising…