Policy Space Da Khatam Hona
Duniya Di Arthvyavastha Stagflation De Vade Khatre Da Samna Kar Rahi Hai – Jo Mandi Vadhdi Keemat'an Da Dardnak Mishran Hai. Is Da Mukhkaran Iran Vich Chal Rahi Jang Hai Jis Da Asar Tel De Bhavahan Te Peh Rya Hai. International Monetary Fund (IMF) De Pahle Chief Economist, Gita Gopinath, Ne Chetauni Diti Hai Ki Duniya Bhar Diyaan Sarkaran Apna 'Policy Space' – Jihna Naal Oh Arthik Giraavat Nu Sambhal Sakdiyan Ne – Gava Chukiyaan Ne. Eh Pandemic De Samay Ton Bilkul Vakhri Sthiti Hai, Jadon Sarkaran Kol Vadh Kadam Chukan Di Jagah Si, Jis Karke Aarthvyavastha Afeetan Lai Hor V Zayda Kamzor Ho Gai Hai. Is Saal Tel De Bhav $75 Prati Barrel Rehn Da Andaza Hai, Jo Pahlan De Andazyan Ton Vadh Hai. Is Naal Global Growth Vich 0.1-0.2% Di Giraavat Aa Sakdi Hai Te 2026 Tak Inflation Vich 0.5% Vadh Ho Sakdi Hai. J.P. Morgan Global Research De Anusar, 2026 Vich Global Core Inflation 2.8% Te Sthir Rehn Da Anuman Hai.
Record Debt Ne Vadhaya Kamzori Nu
Sarkari Kharchan Di Ghata Satah Nu Hor Vadhadiyan Global Debt Vich Vadi Vadh, Jo Pichhle Saal Record $348 Trillion Ho Gai Hai – COVID-19 Mahamari Baad Saalan Vich Sab Ton Vadi Vadh. Eh Vada Debt Bojh Pahlan Hi Mukhk Arthvyavastha Nu Savdhan Bana Riha Hai. Udaharan Daura Te, Q3 2025 Tak France Da Sarkari Debt GDP Da 114% Ho Gya Si, Germany Da 63.89% Te UK Da 101.29% Si. Viksiil Deshan Nu Is Saal $9 Trillion Ton Vadh Di Refinancing Karni Pavegi, Jis Nal Unha Di Asthir Sthiti Aur Vadh Gi. Eh Ek Vicharghul Bid Hai Kyunki Pichhle Ghatnaavaan, Jinha Vich 1973 Da Tel Sankat Vi Shamil Hai, Ne Vakhaya Hai Ki Kiven Aise Dhakke Lambe Samay Lai Uchi Inflation Te Mandi Growth Da Karan Ban Sakde Ne – Aj Vi Ik '1970s De Scenario' Da Khatra Hai. World Bank Vi Dassdi Hai Ki 2020s Vich Global Growth Vich Sab Ton Mandi Dashak Reh Sakda Hai, Jo 1960s Ton Baad Vala Peh Nhi. Is Nal Antarrashtri Rehan-Sehan De Star Vich Vadiyan Vadh Gi.
Ubharde Bazaar Vich Mushkil
Ubharde Ate Viksiil Arthvyavastha Iss Milavarti Samasyaon Lai Sab Ton Zayda Zakhmi Ne. Jadonki Inha Deshan Nu Pahlan Vi Budget Di Simit Jagah Da Samna Karna Penda Si, Huna Kuch Group Of Seven (G7) Desh, Jinha Vich UK, France, Te Germany Shamil Ne, Sarkari Debt De Kharchan Vadhon Vich Vadhava Karn Lai Savdhan Dikhai De Rahe Ne. Iran De Sangharsh Ton Uthda Geopolitical Dhakka Ubharde Bazar'an Lai Ek Bara Pariksha Hai Jo Sudhar Karna Chahnde Ne. Unha Lai Samosa Aivai Hai Ki Sahyeta Ate Grants Di Vadi Kami Hai. America Di Videshi Sahyeta Dee Commitments Vich Vadi Giraavat Aayi Hai, Jo Fiscal Year September 2025 Ch Khatam Ho Riha Hai, Oh $31.6 Billion Ton Ghat Ke $14.7 Billion Ho Gai Hai. United Nations Ne Vi Sambhavi Funding Gapp Da Khoof Jataya Hai, Jo Viksiil Deshan Lai Wadi Chinta Hai Jinna De Sahte Surota Te Chalde Ne. Is Bahari Arthik Sahare De Bina, Inha Deshan Kol Arthik Dhakka Sambhalan Lai Bahut Ghate Vikalp Bache Ne.
Byaj Daranch Vich Sangharsh
Geopolitical Tanav Ate Lagatar Inflation Desh Vich Central Bank Nu Pahlan De Andazyan Ton Vadh Sakhti Wala Rukh Apnana Pena Peya Hai. Federal Reserve, Jihde Lai Inflation Ate 2% De Target Ton Vadh Hai (Jan 2026 Vich 2.4%), Ne Chheti Byaj Daranch Nu Ghatoun Di Sambhavna Kam Hai. Market De Andazyan Mukabik, Fed 2026 De Ant Tak Sifaf Ik Ya Do Baar Hi Dar Ghat Sakdi Hai, Ate Kuch Lok Dar Nu Lagbhag 3% Te Rehnda Dekh Sakde Ne. Ihi Tarah, Bank of England V 2026 Dauran Dar Nu Badal Naan Nu Barahq Rakhn Da Andaza Hai, Ate Kuch Traders Inflation Chintan De Karan Rate Vadhon Di Baji Laga Rihe Ne. ECB, Jadonki Inflation Nu 2% De Laksh De Nazik Vekh Riha Hai, Ohna Da Vi Dhyan Savdhan Hai, Jihde Sath Dar 2026 Tak Lagbhag 2% De Nazik Rehan Di Sambhavna Hai. Eh Sakhti Vadi Monetary Policy, Sangharsh Nal Mil Ke, Global Arthik Vikas Lai Ek Mushkil Tasveer Pesh Kardi Hai. IMF Ne 2026 Lai 3.3% Vikas Da Andaza Lagaya Hai, Par Eh Ank Vich Gahir Kamzori Hai. Middle East Sangharsh Karan Dollar Vadhda Janda Hai Jiven Andaza Si, Apni Prabhutva Bana Ke Rakhda Hai, Par Eh Badal Sakda Hai Jekar Inflation Ate Interest Rate Fark Dusri Mukhk Arthvyavastha Nu Kam Aakarshak Bana Dinne Ne.
Stagflationary Trap Da Khatra
Hali Vich Global Arthik Drishiti, Jo Sthir Vikas Ate Ghatdi Inflation Da Andaza Lagaundi Hai, Khatarnak Taur Te Ashavadi Hai. Iran De Sangharsh Ne Stagflation Da Ek Vada Khatra Paida Karta Hai, Jida Matlab Hai Mandi Vadhdi Inflation, Ate Bahut Ghate Policy Vikalp. Sthiti Ubharde Bazar'an Lai Khas Taur Te Gambhir Hai. America Di Videshi Sahyeta Vich Vadi Giraavat, Vadhde Karja De Kharchan Nal Mil Ke, Ohna Nu Cash Crunch Da Samna Kara Riha Hai. Pichhle Samayaan De Virudh Jadon Budget Samasyaaan Mukhk Taur Te Ubharde Bazar'an Lai Si, Hun G7 Desh Vi Vadhde Debt De Kharchan Da Samna Kar Rihe Ne, Jo Sarkari Arthik Tanav Da Sanket Dinda Hai. Eh Sthiti Aise Lambe Samay Da Sanket Dindi Hai Jadon Monetary Policy Fasi Rehndi Hai: Dar Ghaton Naal Inflation Vadh Sakdi Hai, Jadonki Dar Vadhon Naal Mandi Vadh Sakdi Hai. Eh Policy 'Straightjacket' Sambhalan Lai Bahut Ghata Hawala Dindi Hai, Ate 1970s Wargi Price-and-wage Spiral Ik Asli Sambhavna Hai, Khas Taur Te Jekar Tel De Bhav $100 Prati Barrel Nu Fir To Langh Jande Ne. IMF Da 2026 Lai 3.3% Global Vikas Da Andaza Vadi Giraavat Ho Sakda Hai Jekar Eh Khatre Samne Aonde Ne, Jis Nal Niveshak Zayda Risk Vali Sampatti Nu Dobara Tolen Ate Saral Sampattiyan Wall Jan, Halanki Pramaani Sulabh Thikaneyan Nu Vi Mushkilaan Da Samna Karna Peya Sakda Hai.
Agla Rukh
IMF De Hali Anuman Global Arthvyavastha Vich Vishwas Dikhaunde Ne, Jihna Ne 2026 Lai 3.3% Vikas Da Andaza Lagaya Hai. Par, Eh Ank Vich Vadiyan Khatre Lukaye Hoe Ne. World Bank 2026 Lai 2.6% Di Mandi Vikas Di Umeed Kardi Hai, Te Chetauni Dindi Hai Ki 2020s 1960s Ton Baad Vala Sab Ton Kamzor Dashak Ho Sakda Hai. Eh Vakhre Anuman Anishchittata Nu Ujagar Karde Ne. Jadonki AI Vich Investment Vikas Nu Vadhava De Sakdi Hai, Chal Rahi Geopolitical Tanav, Vada Debt, Ate Ghata Sarkari Kharchan Vadh Karde Virodhi Taktán Nu Paida Karde Ne. Vishleshak Chetauni Dinde Ne Ki Central Bank Kol Inflation Ate Vikas Dono Samasyao Nu Sambhalan Lai Bahut Ghata Samarthya Hai, Jis Nal Lambe Samay Tak Arthik Kamzori Te Hor Dhakkeyan Di Sambhavna Hai.