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Rethinking strategic assets

The term ‘strategic’ is mostly used in military connotations, although its literal meaning translates into key or crucial. Oxford English Dictionary describes it as “a plan of action or policy…

Policy rate: a cut is likely?

Despite a decline in inflation, overall costs are still growing this year in comparison to prior years. Regarding inflation, let me remind everyone that core inflation is not the benchmark…

Outlook for inflation

The statement released recently by the Monetary Policy Committee of the SBP (State Bank of Pakistan) indicates that the policy rate will remain unchanged at 22%. This decision apparently takes…

Inflation and devaluation

IN December 2023, consumer prices were 29.7 per cent higher compared to December a year earlier. Worse still, every month for more than a year our year-on-year inflation number has been above…