Pakistan is facing its worst economic crisis. Even after the change of power in Pakistan, inflation is not taking the name of decreasing. Rising inflation has loosened the pockets of the citizens of Pakistan. A local media report said that 45 days since the Shahbaz Sharif government came to power in Pakistan, daily necessities are getting expensive and out of reach of the common man due to the recent hike in petrol prices and electricity rates. are out.
The government needs to take seriously the fact that the weak economy is affecting the daily lives of the people or else the adage 'a hungry man becomes an angry man' will be applicable across the country. According to media reports, in terms of continuous price and tariff hike is affecting the daily life of the people.
Contrary to the expectations of the new government, Pakistan's economy continues to decline due to the unstable political system.
An increase in prices of essential commodities will have to be controlled
The federal and provincial governments should control the rise in prices of essential commodities in addition to raising public transport fares. Local media underlined that it would be better for the Shahbaz government to take cognizance of the condition of the common man before it is too late, the report said, adding that Pakistan is currently facing huge economic turmoil and a drop in petroleum prices. is increasing. What Pakistan needs to focus on is to quickly salvage the International Monetary Fund (IMF) deal and leverage the support of multilateral financial institutions and friendly nations to stabilize the economy.
The minimum wage should be given to the workers
Apart from this, the officials should also see that the minimum wages announced by PM Shahbaz are given to the laborers. But, the minimum wages announced by PM Shahbaz are not given to the laborers. It has been said in the report that even though the officials of the Shahbaz government are making tall claims that it will provide flour, sugar, oil, and other essential items at subsidized prices, the poor sections should get all these things at subsidized prices. should ensure.
According to the CFR Index website, Pakistan's current account accounts for -4.5 percent of GDP, its external debt accounts for 42 percent of GDP, its short-term debt and current account accounts for 107 percent of revenue, and its government debt accounts for 68 percent of GDP. percent, its political instability index is -1.9, and its credit default swap spread is 824 basis points.
The CFR index gives India a score of 1 and Bangladesh 3. In other words, sovereign risk means that the government will default on its obligations or impose foreign exchange regulations that hurt the value of foreign exchange contracts.
Covid-19 Risk: The death toll has also increased among vaccinated people, then how will you get protection from Corona?
For the last month, the risk of corona infection is seen increasing rapidly globally. Many countries including China-Japan, and America are most affected at this time. Here, along with the infected,
Ghibli Trend: OpenAI changed the rules for Ghibli-style photos, now real-world images cannot be used
These days, Ghibli-style pictures are being seen in abundance on social media. It can be said that social media users have started liking themselves more through these pictures. Meanwhile, OpenAI's
G-20 Summit: PM Narendra Modi met British Prime Minister Rishi Sunak, what happened between the two?
Prime Minister Narendra Modi today held an informal meeting with Britain's new Prime Minister Rishi Sunak on the first day of the G-20 meeting in Bali, the capital of Indonesia. The Prime Minister's
Russia-Ukraine War: Zelensky said - Putin is fighting the war because the war losers are not spared in Russia
Russia-Ukraine War: The war between Ukraine and Russia has entered its tenth month, but there is still no sign of retreat from either side. Meanwhile, a sensational statement has come from Ukraine to
'Our stand on Canada dispute remains firm', what is America's message before Jaishankar-Blinken meeting - read 10 points
Canada-India Row The political crisis between Canada and India is now deepening. India had reacted strongly to the allegations made by the Canadian PM on the murder of Hardeep Singh Nijjar. As the
Kolkata Doctor Case: IMA wrote a letter to CM Mamata on junior doctors' strike, said- Security is not a luxury...
There is anger across the country even today over the horrific incident that happened with the female doctor at RG Kar Medical College and Hospital in Kolkata. Junior doctors are on the streets
Lok Sabha Election: JDS once again dependent on family, dynastic politics becomes the biggest weakness of the party
The issue of dynasty politics is talked about a lot in the country's politics. Janata Dal (Secular) Party of Karnataka is also an example of this, where the entire party now seems to be dependent on a
Kharge compared Priyanka Gandhi to Rani Lakshmibai, saying- she is fighting against BJP and RSS.
Congress party president Mallikarjun Kharge on Tuesday compared Lok Sabha MP Priyanka Gandhi to historic freedom fighters Kittur Rani Chennamma and Jhansi ki Rani Lakshmi Bai and said that she
INDIA Meet: 'India' alliance meeting may be held on this day in December, emphasis will be on seat distribution for Lok Sabha elections
The next meeting of the opposition alliance 'India' formed to counter the ruling NDA and BJP in the upcoming Lok Sabha elections may be held in the third week of December. Sources said that in this
World News: Organized second round of office consultations between India and Iraq, discussed bilateral relations
India and Iraq held the second round of Foreign Office Consultations in Baghdad on Monday. The Indian delegation was led by Dr. Ausaf Sayeed, Secretary (CPV & OIA), while the Iraqi delegation was
