Pakistan now faces nationwide electricity cuts, a severe shortage of gas and record-high inflation. This makes many necessary food items away from the general public and the political class of the country is still involved in a political war, reported DW news.
According to the EPardafas report, the task of balancing the ties becomes important as the economic situation in Nepal is not very conducive. The inflation is over eight per cent which is the highest in the last six years. Unemployment is also touching new highs.
According to The News International, Consumer Price Index (CPI) inflation in January 2023 accelerated to 27.55 per cent from 24.47 per cent a month earlier, as the unprecedented surge in food items' prices in the month jacked up the general inflation.
Pakistan and United States officials said that the potential food crisis, Ukraine war, inflation and devaluation of the rupee are the 'real concerns' in Islamabad, Dawn reported.
Opposition parties slammed the Union Budget 2023, the last full-fledged Budget of the Modi government in its second term, and said that the Budget offers no solution to address the rampant unemployment, rising inflation as well as the growing inequality between the rich and the poor.
Be it capital expenditure, the asset quality of banks, foreign exchange reserves, GST collections, fiscal consolidation path, and convergence of wholesale and retail inflation, Budget document data showed all these indicators to be on strong ground.
This comes as Pakistan faces an economic crisis. Citizens hit by floods and the country's food crisis have long remained silent witnesses to the failure of leadership at all levels.
India's retail inflation was above RBI's 6 per cent target for three consecutive quarters, and had only managed to fall back to the RBI's comfort zone in November 2022.
Satna (Madhya Pradesh) [India], January 31 (ANI/NewsVoir): People from all over the country visit Sharda Devi in Maihar and enjoy a safe and pleasant ropeway experience.
Congress President Mallikarjun Kharge on Tuesday said that they would raise the issues of inflation, unemployment, and border dispute with China during the Budget session of Parliament.