Abstract
It is since long that Pakistan is witnessing constant rise in inflation with every regime change. The cost of the ever worsening problem is constantly being paid by the people of Pakistan without any iota of respite. Today the state of inflation has reached at such a level which is causing devastating effects to the country’s very survival, integrity and sovereignty. The urgency of the situation calls for an indepth appraisal of the prevailing dilemma. The paper aims to identify factors adding to the prevalent inflation, highlight the still-existing grey areas and recommend viable options inorder to control the nightmare.