Salman Ghani (Senior Analyst): The cut in policy rates by the State Bank of Pakistan will reduce price hike and ensure economic stability in Pakistan. Almost all economic indicators are showing positive development and it is the result of government’s prudent economic policies. However, it is tragic that common man is not getting benefit of economic development. Actually profiteers are main hurdle in the reduction of price hike and trickle down benefits of economic development to masses. Provincial governments must take strict action against profiteers to ensure benefits of economic progress to the people. It is positive side that Prime Minister Shehbaz Sharif is mainly focused on economic development of Pakistan from the day first. Today’s action by the State Bank of Pakistan will also enhance trust and confidence of local and international investors in Pakistan’s economic strength. Economic stability of any country is directly linked to political stability. The government started negotiation process with opposition to bring political stability in the country but opposition preferred to play with public sentiments for the sake of petty political gains instead of taking care of national interests. Pakistan has potential to become Asian Tiger on economic front. Pakistan said goodbye to IMF program during Nawaz Sharif’s government but later PTI government pushed Pakistan into economic crisis and delegated Pakistan’s economic management to IMF.