Pakistan Is Facing An Economic Storm

Pakistan Is Facing An Economic Storm
On Friday, the Pakistan Tehreek-e-Insaf (PTI) increased prices of petroleum products to a great degree and that has got people questioning the government.

Asad Umar has said that it would take around 2 years for PTI to stabilize the economy. Murtaza Solangi says that the PTI has stirred an economic storm which is directed towards Pakistan.

He says the next few months are going to be crucial for Pakistan's economics. Says that people should forget about 10 million jobs promised by the PTI and rather look to save their current ones during the crisis.

Inflation in the country has soared to 9.4 percent, which is highest in the last 5 years. The prices of food and non food products have also sky-rocketed and that means people will have to spend a lot more on products that are otherwise not that expensive. Also, there will be further devaluation of money.

Solangi says that it does not matter what the Pakistan Peoples Party (PPP) or the Pakistan Muslim League (PMLN) are doing to counter PTI, what matters is whether PTI is capable of solving the problems of common public.

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