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Poor people of Pakistan facing the inflation

Tuesday - May 21, 2019 4:33 pm , Category : WORLD
Inflation breaks all the records in Pakistan
Inflation breaks all the records in Pakistan

Inflation reaches at the historic level in Pakistan due to poor economic 

MAY 21 (WTN) - Pakistan has now been started to be known as an unsuccessful country in the whole world. Pakistan's economic condition is going through at the worst phase this time. The economic condition of Pakistan is that if it had not received financial support to its friendly countries, then Pakistan's economy would have been declared as a bankrupt. Pakistan itself is responsible for this turbulent economic condition, because Pakistani governments have wasted the money in purchasing the weapons for the Army and spread terror in India.

The financial crisis in Pakistan, which is trapped in a debt, is continuously going deeper, and it is proving Pakistan's failure to stop inflation. As a result, it is happening that in Pakistan, food items are increasingly becoming expensive. For the sake of both these reasons, the common Pakistani is facing difficulties due to poverty and inflation.

In Pakistan, inflation has increased at the top label that milk is sold at 190 rupees a liter, while the price of apple fruit has reached 400 rupees per kg. Where oranges are selling 360 rupees kg, one has to spend 150 rupees to buy one dozen bananas.

If we talk about to mutton, then the price of mutton in Pakistan has reached 1100 kg. On the other side, onion prices have increased by 40% compared to March Here tomato has become expensive by 19%. Apart from green lentil, prices of sugar, jaggery, spices, fish, flour, ghee, rice, oil, tea and wheat have also increased, due to which the general public is facing trouble.

There was a time when the voice of public suppressed in Pakistan. But now it is not possible to do this due to the social media, in such a situation, the educated people of Pakistan are openly opposing the policies of Imran Khan Government. People on the social media are questioning on the government's policies so that why inflation is not being controlled? Pakistani public alleges that the Imran Khan Government is completely failing, and because of its false economic policies, inflation is at its highest level so far.

Here, a research agency, working on the Pakistani market, says that because of the economic policies of the Pakistan Government, traders are slowly loosing the confidence from the market. At the same time, Pakistan's stock market is on the verge of being ruined. For your information, let you know that in the past 17 years, the worst face of the Pakistani stock market is underway. The condition of the Pakistani stock market is that the traders have raised the demand for a market support fund from the government.

For your information, let you know that there are many reasons for rising inflation in Pakistan, one of the reasons is that Pakistani rupee is constantly weakening against the US dollar. In fact, Pakistan has taken a bailout package of $ 6 billion from the International Monetary Fund to improve its economic situation, due to this package Pakistan has to devalue its currency against the US dollar.

The IMF has given loans to Pakistan on the condition that it will devalue its currency against the dollar, and due to this, inflation has reached at the historical level in Pakistan. But the Government of Pakistan has not given this fact to the general public in a fair way why inflation is increasing? That's, because there was a time when Imran Khan himself used to say that it would be better to seek financial help from IMF that he commits suicide. But now that Imran Khan Government is taking a bailout package from the IMF, how will he be able to keep his side before the Pakistani public?

The uneducated and poor people of Pakistan do not know what are the reasons for rising inflation in the country? They just know that inflation is on the rise in the country. In fact, Pakistan Governments, together with the Army there, always kept the people of Pakistan in jeopardy of the danger of India. By showing fear of India, Pakistani Army has bought a lot of weapons, from which the leader, the bureaucrats and the Army officers have earned a lot of commission. To spread terrorism in India, Pakistan also made a lot of money waste. But nothing to the powerful country like India has worsened, but the economic condition of Pakistan has become that its people are worried due to inflation.