New Delhi: The situation in Pakistan has become very bad. Pakistan’s inflation reached 35.37 percent in March. Highest inflation rate in 50 years. Consumer prices have increased by 35.37 percent compared to a year ago. The situation is that people are forced to sleep hungry. Every day stampede is seen in one or the other city for cheap food. In the last ten days, 20 people have died in the stampede for food. Let’s see the condition of Pakistan in pictures.
Inflation rising
Pakistan has run out of foreign exchange. In such a situation, the government here needs a loan from the International Monetary Fund (IMF). The conditions for this are very tough. Inflation is increasing in the process of fulfilling these conditions. CPI inflation reached a 50-year high of 35.37 percent in March. Experts say that it will increase further. The central bank has raised the benchmark interest rate by 300 bps to 20 percent to counter rising inflation.
Transport rose by 54 percent, food inflation by over 47 percent
The data showed that transport prices soared 54.94 percent in March, while food inflation soared 47.15 percent in March. The prices of clothes and shoes have increased by 21.93 percent and those of housing, water, and electricity by 17.49 percent.
12 killed in a stampede to beg for ration
Stampede broke out while distributing free ration as alms in Pakistan. 12 people died in this. The incident is linked to a factory near Nauras Crossroads in the Site area of Karachi. The free ration was being distributed here on Friday evening, due to which a crowd of people had gathered. During every Ramzan, people here distribute ration. Police said three children and eight women were among the dead. Sindh Chief Minister Murad Ali Shah announced a compensation of Rs 5 lakh to the next of kin of those killed in the stampede and Rs 1 lakh to the injured.
Condition will worsen
According to the report of the Pakistani newspaper Dawn, there has been an increase in the prices of goods in the country for the last several months. The annual inflation is 20 percent higher than in June last year. The Finance Ministry has said in its monthly economic update and outlook released on Friday that inflation may increase further in the coming days. The reason behind this has been attributed to the increase in energy and fuel prices and the policies of the central bank.
Lemon 800 rupees, garlic 640 rupees kg
According to the Pakistani TV news channel Duniya, the price of lemon has reached Rs 800 per kg in Pakistani rupees during Ramzan. The retail price is Rs 200 per 250 grams. Talking about garlic, it is being sold at Rs 640 per kg. The retail rate of tomato and the bitter gourd is Rs 120 per kg, while the cost of ridge gourd is Rs 140 per kg. The price of Kachnar, which was sold for Rs 350 before Ramzan, has reached Rs 600. In the month of Ramadan, Muslims eat fruits during Iftar. But the price of fruits is increasing continuously. Watermelon, which was sold at Rs 70 per kg before Ramzan, is now being sold above Rs 250.
Fruit prices also increased in Pakistan
Before Ramzan, the price of bananas in Pakistan was Rs.100 a dozen. But many reports say that in some areas it is selling for up to Rs 250-500. Strawberries, which were sold for Rs 50 for 250 grams, are now available for Rs 150. The prices of food items are continuously increasing in Pakistan. According to local media reports in Pakistan, many people boycotted buying expensive fruits. If we talk about flour in Pakistan, then it is at its highest price.
Pakistan is also facing a water crisis
Along with the food crisis, the water crisis is also being seen in Pakistan. Water scarcity is a major concern for Pakistan, as Pakistan witnessed a major flood not too long ago. According to a report, the Indus River System Authority said that there is a shortage of water, due to which it will be forced to follow a ‘controversial’ three-tier water management mechanism to give water to the states. The Technical Committee of IRSA held a meeting on 24 March.
