pakistan economy news

pakistan economy news

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New Delhi: Inflation has become rampant in Pakistan. Inflation has created hue and cry all over Pakistan. Leave the poor, inflation has increased so much in Pakistan that even the rich are sweating here. The amount of rupees for which potatoes are available in bags in India, hardly half a kilo of potatoes will be available in Pakistan. Inflation in Pakistan has broken all the records of the last 48 years. The economic situation in Pakistan is getting worse every day. Inflation in Pakistan has made life difficult for the people. From onions to flour and vegetables, the prices of everything have skyrocketed. The situation is such that now people are not even able to get milk and rice. To get the bailout package from the IMF, the Pakistani government had tried its level best. But it didn’t work out. Now the situation is that Pakistan is standing close to bankruptcy. Pakistan Rupee has reached 275 against the dollar. This is an all time low level.

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flour famine in pakistan

The situation has become so bad in Pakistan that people are even risking their lives to eat bread here. Many videos of Pakistan are going viral on social media. In this, people are seen fighting for a sack of flour. In Pakistan, the price of one kg of flour has increased to more than 150 kg. Food inflation in Pakistan has increased from 11.7 percent to 32.7 percent. According to the statistics of Pakistan’s Statistics Department (PBS), onion prices in Pakistan have increased from Rs 36 per kg to Rs 220 in the last one year. The average price of boiler chicken has increased to Rs 385 per kg. The price of salt has also increased up to Rs 50 per kg.

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skyrocketing prices

The prices of food items have skyrocketed in Pakistan. Milk is currently being sold here up to Rs 150 per litre. The price of mustard oil which was available at Rs 370 per liter has increased to Rs 540 per litre. The price of rice has also gone up to Rs 150 per kg in Pakistan. Inflation in Pakistan is not taking the name of stopping. Tea prices in Pakistan have also increased continuously in the past. The price of tea here has now gone up to Rs 1600 per kg. A leading brand in Pakistan has increased the price of 170 grams of granulated and cardamom packs from Rs 290 to Rs 350.

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