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Hormuz shock may destabilise Pakistan’s economy, push inflation to over 12pc: PIDE
Pakistan Institute of Development Economics (PIDE) has warned that Hormuz shock may destabilise Pakistan’s economy and inflation could surge to over 12 percent due to varying shock intensities. A study by the Pakistan Institute of Development Economics (PIDE), titled “Pakistan’s Exposure to a Strait of Hormuz Shock: Fuel Pricing, Inflation, and External Vulnerability,” provides a comprehensive, scenario-based assessment of how global energy disruptions ripple through Pakistan’s economy. [....]