Condition of Pakistani people is very bad..!? what is happening..!
Small businesses have been hit hard by Pakistan's soaring inflation. In Karachi, leading restaurant owners are lamenting a 50 percent drop in business. Also, the prices of bread, meat, and all basic food items have increased in Pakistan. The people of pakistan lament that it is the root of all the problems data-faced by the people of Pakistan. diesel price has increased to 262 rupees per liter in Pakistan. Due to this, the petrol station owned by Total Fargo pakistan Limited in Karachi sells 15000 liters of fuel per day, but now it has been reduced to 13000 liters due to the increase in price.
Electricity is the next big problem. Meanwhile, the industries have been severely affected and trade and income have decreased. Due to this, the normal life of the people has been greatly affected. According to the notification of the country's finance ministry in January, the petrol price in pakistan is 249.80 rupees, diesel price is 262.80 rupees, similarly, kerosene price is 189.83 rupees per liter and line diesel oil is selling at 187 rupees.
The Pakistani rupee is worth 3.26 rupees. Due to this, it is facing a major disruption and impact on imports.As each problem is affecting the people of pakistan one after the other, the normal life of the people is not only affected, but now the situation in pakistan has changed to the point where people are protesting all over the country.
Pakistan, the 5th most populous country in the world, is unable to pay its debts and is in a state of economic collapse and bankruptcy. A similar situation hit sri lanka last year. Pakistan's inflation is at a 48-year high, leaving the developing world in a state of bankruptcy. For example, sri lanka and venezuela have gone bankrupt in the same way.
Pakistan's foreign exchange has fallen below 3 billion US dollars, and to prevent it's economic collapse, the government of pakistan is planning to impose a tax worth 170 billion dollars as per the recommendations of the IMF. During the week, Pakistan's foreign exchange decreased to $2.916 billion. This amount is projected to be sufficient for 16 or 17 days of imports only.