Pakistan Economic Crisis: Inflation in the neighboring country Pakistan, which is facing economic crisis, has broken the record of decades. The Pakistani government itself has now accepted this crisis. Pakistan’s Statistics Department (PBS) has admitted that from March 2022 to March 2023, inflation in Pakistan has increased by 35.37%, which is at the highest level since 1965.
In simple words, inflation in Pakistan has broken the record of 58 years. The figures of rising inflation in Pakistan have been released on Twitter by the Pakistan Statistics Department. According to this, in the last one year, the biggest impact of inflation has been on essential facilities like food and transport. Here the prices of food items have increased by 47.2% in the last one year. In this way, inflation here has broken the back of the common people.
“Pakistan posts highest-ever annual inflation; stampedes for food kill 16.” Reuters
How do you sleep at night?@CMShehbaz @BBhuttoZardari
This is all on you, the Purana Pakistan you proudly bragged about on day 1.#inflation#I_have_the_right_to_vote pic.twitter.com/tLoI2t24Yu
— Mehvish Ali (@GMehvishali) April 1, 2023
China extended the time to repay the loan of 16 thousand crores
Pakistani Finance Minister Ishaq Dar has said that in this time of crisis, he is thankful to China, which has extended the time to repay the loan of 16 thousand crores. It is being told that Pakistan can get loan of crores of rupees even further from China. However, no official statement has come in this regard at the moment. Pakistan’s Prime Minister Shahbaz Sharif inaugurated two power plants built with the help of China a few days ago, which will now supply thousands of megawatts of electricity to Pakistan.
One kilo of flour is available here for Rs 185
Inflation in Pakistan can be gauged from the fact that here one kg of flour is available for Rs.185. According to a report by ‘Duniya News’ TV channel, a tandoori roti is available for around Rs.40 in Lahore. At the same time, milk is available up to Rs 250 a litre. Chicken – 780 and the price of mutton has crossed 1100. Similarly, the price of desi ghee has reached 2500 to 3 thousand rupees per kg.
Also read: To help the hungry and thirsty people, this small country gave 23.7 million dollars to the UN organization, the world is praising