'State of economy'

20 Oct, 2012

Apropos 'State of economy' by Anjum Ibrahim carried by Business Recorder on last Monday, it is quite true that periodic statements by President Zardari and his son Bilawal reveal an understanding of the state of the economy that few analysts or, indeed, the public is able to endorse.
The writer has also pointed out that inflation from a high of 24 percent in 2008 has declined to a little over 11.5 percent in 2011-12. This is indeed a great achievement of the present government. Our economists are required to be objective in their assessment of the state of country's economy. They must highlight the decline in the rate of inflation as the government's one of the greatest achievements. Don't forget that Benazir Income Support Programme (BISP) is a huge success story.

Read Comments