Search For "record high inflation"
Pakistan: People seek relief from new Punjab govt amid record high inflati
Updated : 2 years, 2 months ago IST
The people of Pakistan's Lahore are now demanding economic relief from the newly formed government of Maryam Nawaz Sharif after suffering from skyrocketing inflation. And additional expenses during the festive season of Ramzan are increasing the strain on their financial condition.
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Pakistan drops petrol bomb on inflation-hit masses after mini-budget
Updated : 3 years, 3 months ago IST
The increase in the price of petroleum products was one of the preconditions of the Washington-based lender, which will lead to a hike in the already record-high inflation, coupled with the new fiscal measures undertaken through the 'mini-budget'.
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Instead of fixing economy Pak politicians embroiled in a tug-of-war: repor
Updated : 3 years, 3 months ago IST
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.
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IMF warns of protests across Pakistan amid high food, fuel prices
Updated : 3 years, 9 months ago IST
Washington [US], September 3 (ANI): Pakistan's economy is teetering amid record-high inflation and soaring food prices along with high petrol prices can trigger protests across the country, warned the International Monetary Fund (IMF) on Friday.
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Pak Finance Minister Miftah Ismail hints at early exit, says 'may not have
Updated : 3 years, 9 months ago IST
Karachi [Pakistan], September 3 (ANI): Amid dissatisfaction within the new coalition government of Pakistan led by Shehbaz Sharif, Finance Minister Miftah Ismail has hinted at his early exit, saying that although the coalition government has 13 months, he may not have that much time.
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G7 to implement price cap on Russian oil imports
Updated : 3 years, 9 months ago IST
Berlin [Germany], September 2 (ANI): The Group of Seven (G7) nations have promised to move towards a price cap on Russian oil, saying it would hamper the country's war efforts in Ukraine and speed up the deterioration of its economy.
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