Karachi, Pakistan's largest city, is experiencing a troubling rise in unemployment amid an economic crisis characterised by food shortages, currency devaluation, and soaring inflation. Citizens express growing frustration as job losses mount and living conditions deteriorate.
After this new hike, the price of petrol surged to PKR 289.41 per litre from the previous PKR 279.75, while the price of high speed diesel (HSD) decreased by PKR 3.32 to PKR 282.24 per litre.
Amid soaring prices and slumping economy, the inflation rate in Pakistan has increased by 3.46 per cent reaching 28.3 per cent in July, ARY News reported citing the Pakistan Bureau of Statistics (PBS).
Crime is on the rise in Pakistan as it struggles to overcome its economic crisis. The country's citizens are unable to fend for daily essentials and hunger is increasing among people.