A video of Pakistan's Defense Minister Khwaja Asif is going viral in which he is seen talking about the economic condition of Pakistan.
Everyone is aware of the huge economic crisis Pakistan is facing. The condition of Pakistan has become so bad that it is now on the verge of bankruptcy. Meanwhile, Pakistan's Defense Minister Khwaja Asif has given a big statement. They say that Pakistan is bankrupt and we are the residents of a bankrupt country. Due to this, he has also said that Pakistan is not defaulting, but has already happened.
Khwaja Asif gave this statement at the convocation ceremony of a private college in Sialkot. During this, he also targeted former Prime Minister of Pakistan Imran Khan and alleged that he allowed terrorism to return in the country. He also said that terrorism has become our destiny and all this has happened because of Imran Khan playing games. On the economic condition of Pakistan, he said that we are living in a bankrupt country.
Defense Minister said that the solution to all the problems in our country
A video related to Khwaja Asif's statement is also going viral in which he is seen saying that you must have heard that a default or bankruptcy is going to happen. But this has already happened. He also said that the solution to all our problems lies in this country, but we are looking towards these International Monetary Funds.
Inflation rises to record high
Meanwhile, the annual inflation rate in Pakistan, which is facing severe cash crunch, rose to a record 38.42 percent this week. Inflation in Pakistan has reached this level due to the continuous increase in the prices of essential commodities. Citing recent data from the Pakistan Bureau of Statistics, 'The Express Tribune' said in a report on Saturday that the Sensitive Price Index (SPI), which measures short-term inflation, rose to 38.42 per cent year-on-year this week.
On a weekly basis, the SPI has increased by 2.89 per cent, compared to a 0.17 per cent increase in the previous week. Last week, the annualized SPI inflation was recorded at 34.83 per cent. This increase in inflation is due to the imposition of new taxes by the Government of Pakistan and increase in the prices of petroleum products. The government has taken this step as a condition of getting $ 1.1 billion help from the International Monetary Fund.
Petrol prices have increased by 8.82 percent, five liters of edible oil by 8.65 percent, one kilogram of ghee by 8.02 percent, chicken meat by 7.49 percent and diesel by 6.49 percent in a week.
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