Inflation has risen to a 48-year high in the Pakistan crisis। Sangbad Pratidin

Posted By: Biswadip Dey | Posted: Feb 1, 2023 7:26 pm| Updated: February 1, 2023 7:26 pm

Inflation has risen to a 48-year high in the Pakistan crisis।  Sangbad Pratidin

Daily digital news desk: Pakistan in financial crisis. The country’s economy has collapsed due to inflation. Inflation reached 27.55 percent in January 2023. Which is the highest in the last 48 years. The last time such a situation occurred was in May 1975 in neighboring countries. Naturally, in such a situation, we are people.

Meanwhile, the IMF is Pakistan’s only hope to escape this financial crisis right now. Also last year, the International Monetary Fund rescued Pakistan from stagnation with a huge loan. But the question has begun to arise as to whether that will be possible this year. However, the delegation has already arrived in the country to discuss the debt-related emergency. Islamabad is desperate for a US$6.5 billion loan. But the IMF has imposed many conditions to take this loan.

[আরও পড়ুন: চিন সফরে মার্কিন বিদেশ সচিব ব্লিঙ্কেন, রাশিয়া-ইউক্রেন যুদ্ধ নিয়ে আলোচনায় দুই মহাশক্তি]

Meanwhile, in the current situation, many containers are detained at the Karachi port. Because the import stops there. Many construction works have stopped. Weaving factories are also partially closed. In this situation, it is challenging to put two handfuls together. Zafar Iqbal, a 55-year-old man, while eating biryani at the roadside, told the media: “The number of beggars is increasing. The number of workers is decreasing. Inflation has increased so much that making a living has become on a dare.” He said that a person was distributing biryani to hungry people. He has filled his stomach with it for now.

It should be noted that inflation, the prices of daily necessities have skyrocketed. As a result cooking gas, edible oil shortage in Islamabad. According to a report published in the Pakistani outlet Dawn, there have been shortages in the supply of palm oil, soybean oil and sunflower oil in that country. Cooking oil does not match. There is also tension in the oil stocks held by traders. But these three oils are named in the list of daily necessities of that country.

[আরও পড়ুন: ‘প্রার্থনায় হামলা ভারতে হয় না, এমনটা পাকিস্তানেই সম্ভব’, বিস্ফোরক পাক প্রতিরক্ষা মন্ত্রী]

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