Interest rate increase to 13.75%

[AZ1]

https://twitter.com/x/status/1528705512682012672

 

[Zhukov]

What can govt do. We have to sacrifice GDP growth to keep Rampant inflation and money supply in check.
Discourage Financing make loans expensive , Encourage savings. But then again sacrifice GDP growth due to expensive investment.
Also i am not so sure our Gross National Saving is enough to get full fruits from Higher interest rates.

Anyone economist here with expert opinnion on this move?

 

[Riz]

Waiting for DJ ISPR tweet

 

[SoulSpokesman]

@ahmadnawaz22

No choice. That's the only way inflation and rupee depreciation can be checked.

Regards

 

[Wood]

This was always on the cards to slow the economy

 

[AZ1]

What can govt do. We have to sacrifice GDP growth to keep Rampant inflation and money supply in check.
Discourage Financing make loans expensive , Encourage savings. But then again sacrifice GDP growth due to expensive investment.
Also i am not so sure our Gross National Saving is enough to get full fruits from Higher interest rates.

Anyone economist here with expert opinnion on this move?

In dec, ishaq dar tweet that pti govt is worst increasing to 13% blah blah.

problem is incompetent govt cant make decisions nor they are good for anything. Just damaging country.

https://twitter.com/x/status/1528761291262812160

 

[macnurv]

Congratulations to the whole nation, once again Neutrals proved their utter incompetence and inability to do course correction. Well done oh you great planners. Such a self inflicted wound that will set us back 50 years if we are lucky, this situation is nothing short of a Greek tragedy.

In dec, ishaq dar tweet that pti govt is worst increasing to 13% blah blah.

problem is incompetent govt cant make decisions nor they are good for anything. Just damaging country.

https://twitter.com/x/status/1528761291262812160

Sir Jee, they are busy sending their ill gotten wealth out of country, while neutrals were busy doing their usual nonsense. WE should all thank them.

 

[Zibago]

@ahmadnawaz22

No choice. That's the only way inflation and rupee depreciation can be checked.

Regards

Moving dangerously close to bankrupt territory

 

[Wood]

In dec, ishaq dar tweet that pti govt is worst increasing to 13% blah blah.

problem is incompetent govt cant make decisions nor they are good for anything. Just damaging country.

https://twitter.com/x/status/1528761291262812160

Wow. Think we have only seen trials of 4 day work week elsewhere. Pakistan will be a trailblazing pioneer