PML-N's ambitious election manifesto pledges to double economic growth from the 3% seen in recent years, hugely increase tax revenue and damp inflation.

WSJ: Pakistan Election Gets a Seal of Approval

It says that any state or local tax change that increases revenue, after allowing for inflation and population growth, must be approved by a popular vote, and that any budget surplus must be returned to the people.

ECONOMIST: Paying for a changing city

Moreover, if you adjust the overall rise for inflation and legislated tax changes to get at underlying revenue growth, the picture is even grimmer.

ECONOMIST: State budgets

Government tax revenue based on income, property values and sales will all take gigantic leaps as inflation kicks in.

FORBES: 7 Reasons Investors Should Embrace Inflation