RisingPrices
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Pakistan has been grappling with a prolonged economic crisis, frequently turning to the IMF and World Bank for assistance. While there has been some improvement in the government’s financial reserves, it remains insufficient to fully address the crisis. According to the State Bank of Pakistan, the country’s foreign exchange reserves currently stand at around $1.5 billion. In contrast, India’s reserves are approximately $1.2 billion. Despite its financial struggles, Pakistan continues to face pressure to compete with India.
Inflation in Pakistan has slightly eased, but basic necessities remain unaffordable for the average citizen. The skyrocketing prices of everyday items speak for themselves:
Chicken: Rs. 798/kg
Milk: Rs. 225/liter
Bread: Rs. 161/500g
Rice: Rs. 336/kg
Eggs: Rs. 332/dozen
Apples: Rs. 288/kg
Bananas: Rs. 176/dozen
Tomatoes: Rs. 150/kg
Potatoes: Rs. 105/kg
Onions: Rs. 188/kg
Any strategic move by India that impacts Pakistan during this inflationary period could further worsen conditions for ordinary citizens, potentially triggering unrest and shortages of essential goods. With an average inflation rate of around 20% in 2021, the situation remains precarious.
#PakistanEconomy #InflationCrisis #RisingPrices #EconomicStruggles
Pakistan has been grappling with a prolonged economic crisis, frequently turning to the IMF and World Bank for assistance. While there has been some improvement in the government’s financial reserves, it remains insufficient to fully address the crisis. According to the State Bank of Pakistan, the country’s foreign exchange reserves currently stand at around $1.5 billion. In contrast, India’s reserves are approximately $1.2 billion. Despite its financial struggles, Pakistan continues to face pressure to compete with India.
Inflation in Pakistan has slightly eased, but basic necessities remain unaffordable for the average citizen. The skyrocketing prices of everyday items speak for themselves:
Chicken: Rs. 798/kg
Milk: Rs. 225/liter
Bread: Rs. 161/500g
Rice: Rs. 336/kg
Eggs: Rs. 332/dozen
Apples: Rs. 288/kg
Bananas: Rs. 176/dozen
Tomatoes: Rs. 150/kg
Potatoes: Rs. 105/kg
Onions: Rs. 188/kg
Any strategic move by India that impacts Pakistan during this inflationary period could further worsen conditions for ordinary citizens, potentially triggering unrest and shortages of essential goods. With an average inflation rate of around 20% in 2021, the situation remains precarious.
#PakistanEconomy #InflationCrisis #RisingPrices #EconomicStruggles
Muhammad_Ishaq66:
Point number 2, there is on going war between Pakistan and Balochistan.
Pakistan army is being targeted on almost daily basis and suffering casualties almost daily.
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