Hello Friends,
I hope you are fine and must be enjoying with your family and friends.
Let me tell you the current situation of economy of Pakistan.
As you all the know, the cabinet of Pakistan has been changed from the last 2 weeks, since then the value of Pakistan's currency is getting decreased day by day, that's a very attention to details.
Current prices in Pakistan
| Item | price |
|---|---|
| Electricity/unit | 13 PRK for Residential |
| Petrol/Ltr | 152 PKR |
| Diesel/Ltr | 144 PKR |
All these prices already have been doubled (2x) since the last 2 years. Each citizen of Pakistan is very disappointed and sad due to uncontrollable prices of all these items.
Yesterday, Govt of Pakistan announced that, they were providing the subsidized petrol and electricity to their nation. They have to borrow $$ from the IMF next month, so that's why we are removing the subsidy from all the things and imposing this burden on the people of Pakistan.
As all o you know, the unemployment is increasing day by day in Pakistan, 60% people belongs to middle class families they hardly meet theirs basic needs. It is to be expected that, the Govt is going to increase the prices as per follow...
| Items | increase in price per litre and per unit |
|---|---|
| Petrol | 20 PKR |
| Diesel | 55 PKR |
| Electricity | 4.5 PKR |
All the people has been decided to strike if the govt act upon these inflation. As there are no new jobs so it is very challenging for the nation to meet their needs.
The prices of all other things depends upon the prices of fuel and electricity, prices of all things are directly proportional to the fuel and electricity. If the price of the fuel is increased, then definitely there is more consumption of fuel to carry necessarily items from different cities to meet the needs of other people.
Govt should take decisions by considering all aspects in their mind. They should give more relief on other items as well as on these too. It will be helpful to increase the economy of Pakistan and people will be happy and enjoy their lives with prosperity.
Hopefully you will enjoy reading my story and do upvote and comment on my post. Your vote would be highly appreciated 👍
Thanks alot
About Author
Sulemanlodhra is software engineer and crypto trader, loves photography and helping others.
We have always seen a hike in the price of petrol and electricity bills over here and we are getting used to it because there is nothing we can do.
It is sad to see a country that has crude oil suffer from petrol scarcity and Hike in price.
You are right, the same situation is he here. Unfortunately we can do nothing, By the way, where are you from? Nice to see you
Am from Nigeria
Nice to meet you bro 🤗
FOMARE
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