OBJECTIVES OF PROPOSAL:

Reason behind doing this research:

The main reason behind this research is to find the factors that are
impacting the rate of inflation in our country. As explained above in the
causes and effects we can estimate that it is giving rise to
unemployment, poverty and other social problems due to the decreasing
currency rate.
Now many other countries manage to take their currency rate above
Pakistani rupee. Our research is to find the main reasons that are pushing
our country’s position down if our government is not going to take any
action against this. Then it will be become a worse issue in the near
future. As we have mentioned the key points of the disaster of our
economy we just want to let the government know the impact of it and
take possible steps to overcome it.
We can assure that if the country head over the proposal they can
find better solutions to stable the rate of inflation, which is connected to
many other social, psychological and economical problems. This
proposal can result in bringing our country up at it’s pride position. The
fight against inflation is a major political problem. It demands political
leadership which is both able and prepared to convince the population
that, however high the cost of combating inflation effectively, the cost of
not doing so will be considerably higher.

Government should keep an eye over the circulation of money within

the country. We took this topic in the spotlight because we are aware of
the harm it can give to our under-developed economy. Inflation is an
issue that if it is handled with grip it can create more mess. In the case of
increasing rate of inflation, if the Central Bank intend to increase the rate
of interest it can make it worse. They have to take slow but effective
measures to stop it at initial stage.

Positive Impact of this proposal on society:

People will be aware of the threat of inflation. People will invest
money within the country and increase the circulation flow of currency.
Our government encourage foreign remittances to stabilize the currency.
When people will invest within the boundaries it will enhance the
opportunities for job and will ultimately reduce the unemployment.
The standard of living will be upgraded, it will generate more demand
and that will result in more supply and will positively effect the
production. The supply of money will be monitorized by the government
to take a grip over inflation.When the Government decreases the supply
of money, then the demand will fall, leading to a fall in prices. By
reducing the bank’s rate of lending (amount of money offered as credit),
the Government can considerably reduce the supply of money in the
economy.

Goals to be achieved from the proposal:

This proposal will help in developing our country’s economy. We
can see our country in the category of developed countries in 10 years if
we understand and evaluate the study done in this proposal. We can see
a clear reduction in unemployment if we focus on the money supply. We
can provide safe and less rates so that we can foreign invests, which will
develop a good relationship between countries. Our hospitality can bring
tourism back in our country, which will bring more production setups in
our country.
It will eventually bring economic stability, more investments, more
production, higher profits, more job facilities, more income and better
standards of living. People will purchase more which will create a
demand and then manufacturers will take loans to fulfil the demand of
consumers and that will boost the circulation of money.
REFERENCES:
https://link.springer.com/article/10.1007/BF02078319
https://www.toppr.com/guides/fundamentals-of-
economics-and-management/money/impacts-of-inflation/