@AsadAToor@StateBank_Pak How is it scarcity? USD price would have gone down in Pakistan had they not bought from open market. This move has stabilized the price of dollar in local market.
Despite the controversies surrounding the 2024 elections, the current government has undeniably achieved two significant milestones:
1. Economic Stabilization Amidst Adversity:
Facing formidable challenges, the government managed to stabilize the economy. Inflation plummeted from a staggering 38% to near zero, and the Pakistani rupee demonstrated remarkable stability.
Anticipated reductions in interest rates are expected to rejuvenate the sluggish economy, though certain structural reforms remain critical.
2. Emergence as a Regional Power:
Defying expectations, Pakistan has asserted itself as a formidable regional power. The recent conflict with India, though unforeseen and unwarranted, showcased Pakistan's resilience and strategic prowess, surprising observers worldwide.
The national sentiment has undergone a profound transformation since the ceasefire, creating hope for less polarisation and more optimism.
While the economy exhibits signs of recovery, chronic problems remain unresolved.
The last two decades can rightly be called lost years, wasted potential, squandered opportunities.
As a nation, we deserved far better. It is time to demand the future we have been denied.