City
Epaper

Imran govt completes one year; people anger over inflation

By IANS | Updated: July 25, 2019 22:55 IST

Exactly a year ago Imran Khan swept to power with a promise to make a "New Pakistan," but today, Pakistan media reports say, there is widespread dissatisfaction among the people mainly because of rising prices.

Open in App

Khan promised a "welfare state," but a derailed economy has forced him on the back foot, leading to most of his promises remaining unfulfilled, The Express Tribune said, adding in the past one year, Pakistani rupee has dropped up to 30 per cent and the inflation has soared as much as nine per cent.

Another national daily Jang quoted experts saying that today's situation in Pakistan was worse than the days of 'global boycott' of the country following nuclear tests in the late nineties.

The Express Tribune quoted a common citizen Mohammad Ashfaq (60), a colour-dye seller, as saying: "To bear the daily expenses, it is necessary for me to earn at least Rs 1,000 every day. But I earn only Rs 500-600 per day".

To revive the country's economy, the Pakistan government has borrowed money from countries such as Saudi Arabia and from International Monetary Fund (IMF). However, the IMF's structural development conditions for the aid have worsened the situation.

These conditions have led to a rise in the prices of essential services such as electricity.

The paper quoted Asgar Ali, an Associate Professor at Karachi University, as saying: "Around 80 lakh people are going to join the persons who are already living below the poverty line".

( With inputs from IANS )

Tags: The Express TribuneExpress TribunepakistanimfAsgar Ali
Open in App

Related Stories

Cricket'India Hamare Baap The..': Pakistani Fan Abuses Men in Green After Loss to India in Asia Cup 2025 Final (Watch)

CricketIND vs PAK 2025 Live Streaming: Head-to-Head Record, When and Where to Watch India vs Pakistan Asia Cup Final

Cricket'Abhishek Sharma Bigger Talent Than Yuvraj Singh': Former Pakistan Cricketer After IND vs PAK Match in Asia Cup 2025

Cricket'He Could Have Taken Side Angle': Former Cricket Umpire on Fakhar Zaman's Dismissal in IND vs PAK Super 4 Match of Asia Cup

Other SportsAfter Haris Rauf and Sahibzada Farhan, Pakistani Footballer Stirs Row With Controversial Gesture During IND vs PAK SAFF U17 Match (VIDEO)

International Realted Stories

International"Yunus government is completely illegal": Switzerland Awami League General Secretary

InternationalOngoing offensive creating new opportunities, bringing Israel closer to achieving its war objectives: IDF Chief

InternationalBangladesh rights group expresses dismay over Yunus's denial of minority persecution

InternationalH-1B visa crackdown to push US firms to shift operations in India: Report

InternationalAwami League holds protest in Geneva against Yunus govt in Bangladesh