Lahore School of Economics

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Economic dilemma

Dr Rashid Amjad

In his recent address to parliament, the finance minister stated that he would resist any pressure to revive growth, presumably until the necessary reforms were completed and economic stability fully restored.

This firm stand, however, was questioned by some critics who asked why he was further building reserves based on high-interest commercial loans. Is this a sign that the economic stability the government claims it has achieved in a short period is simply a mirage?

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posted by S A J Shirazi @ 2/03/2025 09:26:00 AM,

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