Jacking up of policy rate will further slow economy along with high inflation

SBP cautious about raising policy rate despite massive currency devaluation

If govt does not intervene in market, it will lead to unfettered capitalism

Ballooning trade deficit, depleting forex reserves force govt to resort to expensive borrowing

Export statistics increase to some extent, still exportable surplus is low

Export growth fails to generate necessary forex reserves to finance imported goods

To promote exports, country should have necessary exportable surplus

Growing economy in presence of structural weaknesses a challenge for policymakers

Higher agricultural production is required to tackle food inflation

Flexible exchange rate may fuel imported inflation that has been on rise since March