Pakistan Macro Blog: Entanglement

Dear Friends, The state of the economy worries me. Last week’s Monetary Policy Statement (click here) reads mildly positive in its tone, but the finer print is not so rosy. The State Bank noted that due to shocks in cotton production and contraction in large scale manufacturing, the government will not meet its economic growth… Continue reading Pakistan Macro Blog: Entanglement

Published
Categorized as Economy

Pakistan Macro Blog: Entanglement

Dear Friends, The state of the economy worries me. Last week’s Monetary Policy Statement (click here) reads mildly positive in its tone, but the finer print is not so rosy. The State Bank noted that due to shocks in cotton production and contraction in large scale manufacturing, the government will not meet its economic growth target of… Continue reading Pakistan Macro Blog: Entanglement

Published
Categorized as Economy