Everything is expensive, the salary of a person who earned 50 thousand rupees a year ago has decreased to 15750 rupees. From February of last year to February of this year, the inflation in the country has increased by 31 and a half percent.
Electricity, gas, petrol, oil, ghee, flour, pulses, chicken, school fees and rents, everything has found a new price, there is a salary which is frozen, and people are in dire straits. A person who earns 50 thousand earlier throughout the year now has to live on 34250 rupees, in this, he has to pay rent, food, hospital, and school fees of children.
The question is how is he managing it?
The State Bank of Pakistan has increased inflation by first raising interest rates to control inflation, thinking that when people stop buying expensive items, they will become cheaper.
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One of the reasons for the ongoing inflation in the country is the global situation, but people think that it is also due to management, which is not the case.
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