Imran Khan govt. completes one year; people anger over inflation

TIL Desk/World/Islamabad/  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.  Imran Khan promised a “welfare state,” but a derailed economy has forced him on the back foot, leading to most of his promises remaining unfulfilled reports 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 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.

 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.