Oil price fluctuations in Pakistan drastically impact GDP and inflation.
The study looked at how oil prices and fluctuations affect Pakistan's economy. They found that oil prices and fluctuations have a long-term impact on GDP and inflation. Oil price fluctuations have a bigger effect than just oil prices. They also discovered that oil prices and fluctuations cause changes in GDP and inflation, but not in exports. Overall, oil price fluctuations have a big and uneven impact on Pakistan's economy.