he recent World Bank publication, World Bank Regional Economic Updates – October 2022 has noted that most countries in South Asia are already coping with high commodity prices, supply bottlenecks and vulnerabilities in the financial sector. The geopolitical situation informed by the war in Ukraine is amplifying these challenges, adding to inflation, increasing fiscal deficits and causing current account balances to deteriorate. Given the current situation, the governments need to carefully plan monetary and fiscal policies to counter external shocks and protect the vulnerable classes.

https://www.thenews.com.pk/tns

#thenews