Hey, Lovely people of the Leofinance community, I hope you all are fine and doing great. This post will be about the Economic uncertainty we are facing in Pakistan.
This all got started 16 Months Ago when our establishment and America ( Indirectly ) interfered in government affairs and with the help of One bill de-seated Imran Khan from his seat of Prime Minister.
At that time, the Economy of Pakistan was doing good, though we had challenges at that time as well, but our international presence was getting improved.
The price of daily used things was under control. Inflation was not high as it is today. 16 months ago, the $ to PKR conversation ratio was not as high as today.
At that time $ was equal to around 150 PKR and today, it has just crossed 290 PKR against 1 USD. This is how our currency has devalued in these 16 months.
In these 16 months, Grocery Item prices have started talking to the sky. Cooling Oild was selling for 300 PKR and now it has been selling for 550 PKR.
tomatoes were selling for 40/50 RS/kg, but today they are selling for 160 RS/kg.
The same has happened with all everyday use things.
At the time of Imran's Government. Petrol was selling for the price of 150 RS and today, it has reached a time-high price of 292 RS.
These Corrupt Governments People will fly away from the country and the people living in the country keep suffering with the consequence created by them.
The innocent youth of Pakistan, who could have never thought of leaving Pakistan are thinking to leave Pakistan for their better future.
"Economic uncertainty looms like a storm cloud, casting a pall of doubt and apprehension over even the most carefully laid plans and aspirations."
I hope the situation will change and we will see these prices going down. I'm not sure if this is going to happen or not, but Hope is the only thing I have in this situation.
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