Pakistan Economy Crisis: Every day a new record of inflation is being created in poor Pakistan. At present, the prices of essential commodities are also increasing in Pakistan, which is facing a financial crisis. Let us tell you that the inflation rate in Pakistan increased to 41.54 percent, which was at a high level of 38.42 percent last week.
Vegetables and petrol became more expensive
Consumer prices in Pakistan have increased in the past week due to onion, chicken, eggs, rice, cigarettes, and fuel. Explain that for the first time in five months, weekly inflation has crossed 40 percent.
According to the Pakistan Bureau of Statistics (PBS), the rate of inflation eased week-on-week, but it remained high due to costlier bananas, chicken, sugar, cooking oil, gas, and cigarettes. Short-term inflation as measured by the Sensitive Price Indicator (SPI) rose to 41.54 percent on a year-on-year basis for the week ended February 23, from 38.42 percent in the previous week.
their price is skyrocketing
According to the Dawn report, the prices of onion, chicken, eggs, cigarettes, and fuel have increased the most in Pakistan. Whereas the cost of gas is 108.4 percent (for the lowest income group), cigarette 76.45 percent, banana 6.67 percent, chicken 5.27 percent, sugar 3.37 percent, cooking oil five-liter tin 3.07 percent, vanaspati ghee 2.5 kg pack 2.79 percent, Vanaspati ghee in 1 kg pack has gone up by 2.2 percent, and ready tea by 1.09 percent.
What is the Shahbaz government doing?
Shahbaz Sharif's government is taking tough measures under the terms of the IMF, which is likely to further decelerate the economy and increase inflation. According to Dawn news, officials say the lender is still in talks with Islamabad on power sector loans and a possible increase in the policy rate, which currently stands at 17 percent.
Let us tell you that there is turmoil in the economy of Pakistan. The need for external financing has increased as foreign exchange reserves have fallen to around US$3 billion, which is barely enough for three weeks of imports.
Ind Vs Eng: 'His company is bad', the grief of losing father and brother; Akash Deep's story is full of struggles, luck shone after making test debut
It is said that if your intentions are good and your courage is high, then one-day success will kiss your feet. Any person can achieve his goal based on his struggle and passion. Recently, such an
LokSabha Polls: Bangalore Police sent summons to BJP President JP Nadda-Amit Malviya, asked to come to the police station within seven days
In Karnataka, Bangalore Police has sent a summons to BJP President JP Nadda and the party's IT cell chief Amit Malviya. The action has been taken in connection with a social media post
RCB vs DC: Delhi is desperate to open the account of victory, it is not easy to beat Bangalore at home; Know Possible Playing-11
In IPL 2023, the doubleheader match will be played on Saturday i.e. 15th April. The 16th match of the IPL will be played between Royal Challengers Bangalore vs Delhi Capitals. The toss will take place
Team India Captain: Who will be the captain of the Indian Test team after Rohit? Apart from Rahane, these are the four strong contenders
After the defeat in the final of the World Test Championship 2021-23, there is a lot of talk about the captain of the Indian team, Rohit Sharma. There are calls for Rohit Sharma to be removed from
Waqf Bill: 572 amendments suggested in the Waqf Bill amid tussle between government and opposition; Clause-wise discussion in JPC meeting
The government and the opposition are face to face over the Waqf Amendment Bill. Meanwhile, members of the Parliamentary Committee on the Waqf Amendment Bill have suggested 572 amendments to the draft
Not only NEET and UGC-NET, there was fraud in 'ITEP entrance exam' as well; now the education ministry is alert about other exams
Along with the irregularities in NEET-UG and UGC-NET, irregularities have been reported in another exam. This was related to admission in courses like BA-B.Ed, B.Sc-B.Ed and B.Com-B.Ed started under
Heat Wave Death: A severe heat wave continues to wreak havoc in the country, more than 200 people died in UP-Bihar; 19 people died in a day in Odisha
Severe heat and heat waves have been wreaking havoc across the country for the past several days. Meanwhile, the rising temperature during Nautapa has created a crisis for breathing. More than two
Army on alert mode after Operation Sindoor, free hand to respond to Pakistan's actions; full action will be taken
The neighbouring country is nervous ever since the terrorist organizations present in Pakistan were destroyed in Operation Sindoor. The army and security forces are on high alert given the possible
Explanation of Nityananda's disciple who gave a speech at UN: Said- We respect India; Said earlier – Hindu opponents are targeting Nityananda
Vijayapriya, a disciple of India's fugitive Nithyananda, had said in the UN meeting held in Geneva on March 1 – Anti-Hindu people are harassing Nithyananda at his birthplace. Now a video of
Manmohan Singh: Supriya Shrinet praises Diljit Dosanjh and appreciates him for dedicating a concert to the former PM
Singer Diljit Dosanjh dedicated his concert in Guwahati to former Prime Minister Manmohan Singh. This was appreciated by Congress leader Supriya Shrinet. She said that this step differentiates Diljit
