The PNCR is challenging the government’s understanding of macro-economic theory as it pushes back against President Irfaan Ali’s assertion that the PPP/C government has done “a lot” to cushion the cost of living, while criticising the administration’s inability (or refusal) to publish pertinent data.
In a release yesterday, the PNCR stated that for any government to be taken seriously when it talks about its economic policy, it must at minimum, know the unemployment and inflation rates. It noted that policymakers, central bankers, international agencies, and the media, all monitor these key data points closely, to help evaluate the health of an economy, the effectiveness of economic policymaking, and the well-being of people.