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SBP Podcast explains why inflation is likely to fall on the back of consolidation in international commodity prices, the Stand-by Arrangement with the IMF and recent fiscal measures by Government of Pakistan. Host: Mobin Nasir Guest: Fida Hussain Discussions: 0:00 Introduction 1:35 A review of major developments since the decision announced on June 26, 2023. 7:20 Likely impact of fuel price hikes announced after the latest MPS announcement. 9:24 Expected impact of withdrawal of import prioritization measures on PKR value and inflation. 13:05 Importance of maintaining positive real rates on forward-looking basis. ---DISCLAIMER: SBP is providing this podcast as a public service to educate the public about current economic issues and market trends, but it is neither a legal interpretation nor a policy statement of SBP. Reference to any specific product or entity does not constitute an endorsement or recommendation by SBP. The views expressed by participants are entirely their own and the views and opinions expressed by SBP employees are those of the employees and do not necessarily reflect the view of the SBP or any of its officials. SBP does not accept any liability in respect of the material shared in this podcast.