Federal Minister for Finance and Revenue, Mr. Shaukat Tarin, presided over the meeting of Macro Economic Advisory Group on Friday.
Former Governors SBP Dr. Ishrat Hussain and Syed Salim Raza, Adviser to CM Punjab Dr. Salman Shah, Governor SBP Dr. Reza Baqir, Vice Chancellor PIDE Dr. Nadeem ul Haq, Professor of Economics Dr. Rashid Amjad, Executive Director SDPI, Dr. Abid Qaiyum Suleri, Country Director IGC Dr. Ijaz Nabi and Mr. Sakib Sherani virtually attended the meeting. Other senior officers also attended the meeting.
The Macroeconomic Advisory Group endorsed the government’s efforts being undertaken for dealing with the impact of rising prices on general population. All members shared contentment that new initiatives being undertaken by the government are in line with the sustainable macroeconomic stability paradigm.
The Macro Economic Advisory group recognized that global inflationary tendencies have undesirable impact across the globe including Pakistan. The committee comprehensively deliberated on various initiatives that can be undertaken for provision of maximum relief to the public.
These initiatives specifically aim at resolving the economic constraints of middle and lower economic strata of the society. Most feasible and pragmatic initiatives have been screened out by the committee members for dealing with inflationary pressure and recommended for further consideration.