The economic situation is getting worse in Pakistan, a big-mouthed neighbor who has been threatening India with the atomic bomb. Amidst the ever-increasing shortage of foreign exchange reserves in the country, common Pakistanis are now unable to even buy essential items. People's purchasing power is continuously decreasing. The situation has reached such a point that the government has decided to close the markets early to save electricity and petroleum products. In the year 2020, the conditions of misery were seen in Sri Lanka, and the same situation is now happening in Pakistan as well.
# Inflation rate reached 24.5% in December
The Defense Minister of Pakistan has also accepted that the country is going through difficult times. There has also been a shortage of petrol-diesel, food items, cooking gas, and electricity. Inflation is skyrocketing in the country. According to the report released on Monday by the Pakistan Bureau of Statistics, the CPI-based inflation rate in the country has increased to 24.5 percent in December 2022. It was 12.3 percent in the same period a year ago. According to the report, most of the essential goods are going away from the reach of the common people. According to media reports, the inflation rate is more than the target of 21 to 23 percent of the Ministry of Finance.
# 56 percent increase in the prices of food items
Food items have become costlier by more than a quarter in December alone. An increase of 55.93 percent has been recorded in the prices of essential food items. This situation is due to a shortfall in demand and supply. Onion prices have increased by 415 percent in the last year. At the same time, compared to last year, tea has become costlier by 64 percent and wheat by 58 percent. There has been an increase of 32 percent in the prices of ghee and edible oils. Whereas milk and rice have become costlier by 26% and 47% respectively.
# Chicken reached Rs 650 to 700 per kg
Inflation in Pakistan has also hit the prices of alcoholic beverages and tobacco products, which have become costlier by almost 35 percent. While the prices of clothing and footwear have increased by 17.22 percent. The situation has become so bad in our bigoted neighboring country that chicken has started selling for up to Rs.650-700 per kg in Pakistan. According to experts, if the same situation continues, it can reach Rs 800 per kg in the coming days.
# One LPG cylinder is available for 10 thousand rupees
Talking about LPG gas, a commercial gas cylinder is available for 10000 Pakistani rupees. Under compulsion, people are using gas by filling it in plastic bags, taking the risk. Because of this, a large number of people are getting injured every day due to accidents related to it. Please tell that this situation is of the same Pakistan where politicians keep threatening India even with a nuclear bomb to show off. Now the situation is such that those leaders are not able to provide food grains to the people in their country properly.
Order to close markets and marriage halls early to save electricity
Cash-strapped Pakistan on Tuesday announced the early closure of markets and wedding halls to curb energy consumption. The cabinet has approved the National Energy Conservation Plan to curb power consumption and reduce dependence on imported oil. Defense Minister Khawaja Asif said, "Markets will close at 8.30 pm, while marriage halls will close by 10.00 pm, this will save us Rs 60 billion".
# Production of bulbs and fans will also stop
Announcing the measures, he said that from February 1, the manufacture of bulbs with high power consumption would be stopped. He said that the production of fans with more power consumption will also be stopped from July. These measures will lead to further savings of Rs 22 billion.
Also Read: Amazon Layoffs: More than 17 thousand employees may be laid off from Amazon company
PM Modi: PM Modi inaugurated 'India Energy Week', and said - the modern infrastructure of the 21st century should be maintained.
Prime Minister Narendra Modi inaugurated India Energy Week 2024 in Goa. During this, in his address, the Prime Minister said, 'Experts around the world believe that India will soon become the third
Manipur: Will CM Biren Singh resign? Manipur government under heavy pressure due to sexual harassment of women
There has been anger and resentment across the country ever since the video of two women being paraded without cloth and allegedly gang-raped in Manipur surfaced. Massive protests are also taking
Preparations for changes in 'Lahore 1947' amid the India-Pakistan dispute? Meeting on Sunny Deol's film
There is an atmosphere of tension between India and Pakistan at this time. In Operation Sindoor on 7 May, India gave a befitting reply to the attack in Pahalgam by destroying about 9 Pakistani bases
'Bihar SIR is against the voters...', what did the Supreme Court say on Abhishek Manu Singhvi's argument?
On the petitions filed regarding the Special Intensive Revision (SIR) of the voter list in Bihar, the Supreme Court made it clear that the Election Commission's document verification campaign is not
DC vs RR: Delhi and Rajasthan will be eyeing a comeback, will Karun get a chance after a brilliant innings?
Rajasthan Royals and Delhi Capitals will try to forget their defeat in the last match and make a comeback. While Rajasthan has shown a mixed performance so far, this was Delhi's first defeat of the
IND vs AUS: 'Have some respect,' fans criticized when Marsh posed for a photo with his feet on the World Cup trophy
Australia all-rounder Mitchell Marsh was seen allegedly disrespecting the prestigious World Cup trophy after their impressive six-wicket win over India in Ahmedabad on November 19 (Sunday). In a
Pakistan: Threat from Tehreek-e-Taliban looms large in Pakistan, alert issued for a terrorist attack in Islamabad
Pakistan itself, which gives shelter to terrorists, is currently struggling with terrorist activities. Because of this, a high alert has been issued in Islamabad amidst the possibility of a terrorist
CAA: Long wait of four years after being passed by Parliament, what is there in the notification of CAA? know everything
More than four years after it was passed by Parliament, the rules related to the Citizenship Amendment Act have finally come into force. The Central Government also issued a notification in this
Summer came before time: Demand for cooling products, and soft drinks increased, and prices increased by 7-25% in February
AC-fridge sales have increased by more than 10% this month. Soft drinks, milk drinks, water, and ice cream have also started selling more. Due to this, their prices have increased by 7-25%. Sales are
Salman Khan will not be the only host in Bigg Boss 19! These big stars will also take up the responsibility.
Fans are eagerly waiting for season 19 of TV's controversial reality show Bigg Boss. Fans take every update related to it seriously. The makers have also started approaching contestants for the show.
