20 percent inflation on basic food basket has unfolded miserable consequences for public

[Kompromat]

That's because penthouse pirates squandered trillions of rupees before leaving. This mess is of Nawaz Sharif's making.

 

[Champion_Usmani]

 

[Chhatrapati]

@PAKISTANFOREVER

 

[Champion_Usmani]

https://twitter.com/i/web/status/1084329228991115266

 

[enquencher]

https://twitter.com/i/web/status/1084329228991115266

Dnt quote his post mr saleem has suddenly became a traitor for the pti fans.

 

[Turingsage]

15 to up to 30% Tax on food and all transaction is ideal for Pakistan.

It will hurt for 2-3 years but it will result in proper setup for Pakistan in Long term


https://en.wikipedia.org/wiki/List_of_countries_by_tax_revenue_to_GDP_ratio

This is the sad gagaland fantasy world that "Pakistanis" who live in the comfortable bosom of the West want to propagandise. These PTI boot licker's who would complain like a stuck pig if their Starbucks coffee wasn't just right, keep advising the Awam of Pakistan that they must have half a roti a day to " put things right" while they consume more than 30 resident Pakistanis with no sense of hypocrisy or shame.

 

[PAKISTANFOREVER]

@PAKISTANFOREVER

Not changing anything on the ground though. People are living better now than they have ever done in Pakistan. The economy of Greece is even worst than that of Pakistan, yet the people enjoy a standard of living that 99.9999999% of indians could only ever dream of. So much so for facts and figures.........sorry to burst your bubble.....

 

[AZ1]

Shelters helping many labourers save money for families

 

[Skull and Bones]

ISLAMABAD (Dunya News) – The consumer price index (CPI) based inflation has increased significantly in the last five months, and the Pakistan Tehreek-e-Insaf (PTI)-led government is about to unveil another finance bill on January 23rd amidst fears of imposition of new taxes on the basic food basket.

The ‘exponential’ increase in prices of basic kitchen items up to 20 percent has pulled severe consequences for the general public.

In the current scenario, rising inflation amidst lower-than-before economic growth means a fall in income for most categories of households.

Besides, the rupee depreciation against the US dollar is at a five-year high as compared to a 20-year average annual depreciation of 3 percent.

Meanwhile, the government has been terming the menace of twin deficits – the fiscal and current account deficits (seven and six percentage of GDP respectively), the main cause of inflation in the country.

Contrarily, Finance Minister Asad Umar has some ambitious plans in the upcoming ‘mini-budget’ as he said that people do not need to worry, “there will be no tax bomb”, the budget is focused to fecilitate investments and businesses in Pakistan.

“We are ready to address the opposition’s criticism,” he stated confidently.

On the other hand, the opposition leaders have been denouncing the PTI over its ineffective policies to resolve core issues of the general public including economy.

They have termed the economic crisis “miserable failure of the government” due to incompetency and incapability.

“Besides lies, they have nothing else to say. The government has broken record of taking debts,” the opposition leaders lamented.

https://dunyanews.tv/en/Pakistan/47...n-on-basic-food-basket-has-unfolded-miserable

20% inflation is unsustainable even for short term.

 

[AUz]

ISLAMABAD (Dunya News) – The consumer price index (CPI) based inflation has increased significantly in the last five months, and the Pakistan Tehreek-e-Insaf (PTI)-led government is about to unveil another finance bill on January 23rd amidst fears of imposition of new taxes on the basic food basket.

The ‘exponential’ increase in prices of basic kitchen items up to 20 percent has pulled severe consequences for the general public.

In the current scenario, rising inflation amidst lower-than-before economic growth means a fall in income for most categories of households.

Besides, the rupee depreciation against the US dollar is at a five-year high as compared to a 20-year average annual depreciation of 3 percent.

Meanwhile, the government has been terming the menace of twin deficits – the fiscal and current account deficits (seven and six percentage of GDP respectively), the main cause of inflation in the country.

Contrarily, Finance Minister Asad Umar has some ambitious plans in the upcoming ‘mini-budget’ as he said that people do not need to worry, “there will be no tax bomb”, the budget is focused to fecilitate investments and businesses in Pakistan.

“We are ready to address the opposition’s criticism,” he stated confidently.

On the other hand, the opposition leaders have been denouncing the PTI over its ineffective policies to resolve core issues of the general public including economy.

They have termed the economic crisis “miserable failure of the government” due to incompetency and incapability.

“Besides lies, they have nothing else to say. The government has broken record of taking debts,” the opposition leaders lamented.

https://dunyanews.tv/en/Pakistan/47...n-on-basic-food-basket-has-unfolded-miserable

20% inflation is unsustainable even for short term.

LOL, its a fake news idiot----already debunked by minister of Finance and even the regulatory body.

Pakistan's economy is stabilizing as the over-bloated rupee price is adjusting to its real value, and structural adjustments are finally being made.

This year (2019) would be slow, growth would cut down, and once this painful period is over---Pakistan can embark upon real economic development from there on (Inshallah!). What should have been done decades ago is finally being done....and the pain would have to be sustained but what better govt than Imran Khan's for this purpose?

Army is on board as well.

 

[enquencher]

So bad so sad...god save the awam.

 

[Imad.Khan]

On the other hand, the opposition leaders have been denouncing the PTI over its ineffective policies to resolve core issues of the general public including economy.

They have termed the economic crisis “miserable failure of the government” due to incompetency and incapability.

“Besides lies, they have nothing else to say. The government has broken record of taking debts,” the opposition leaders lamented.

lol, that comment made me laugh so much.

 

[Jf Thunder]

LOL, its a fake news idiot----already debunked by minister of Finance and even the regulatory body.

Pakistan's economy is stabilizing as the over-bloated rupee price is adjusting to its real value, and structural adjustments are finally being made.

This year (2019) would be slow, growth would cut down, and once this painful period is over---Pakistan can embark upon real economic development from there on (Inshallah!). What should have been done decades ago is finally being done....and the pain would have to be sustained but what better govt than Imran Khan's for this purpose?

Army is on board as well.

by the time 2019 is over, and the Country embarks on real economic growth, the country would be even more stuck in debt, more people would have become jobless, we would have lost a lot of population to hunger while the PM would be spending Crores on Foreign tours and helicopter rides. Did I mention inflation would have been sky high because of the increased taxation, and no increase in pay?
or do you think after 2019, the taxes will be slashed, and people will get a 200% increase in pay to meet the rising prices?

 

[volatile]

Performance of Selected Govt 15 Billion per day borrowing

Even after borrowing so much money inflation was below 5%

Crude oil prices are lowest now still petrol for 100 Rs Average

 

[Champion_Usmani]

https://twitter.com/i/web/status/1042056648884412417