Pakistan

Further inflation in July can increase political crisis: Sheikh Rashid

Published by
Web Desk

RAWALPINDI: Awami Muslim League Pakistan (AMLP) leader Sheikh Rashid on Wednesday said that further inflation in July can increase political crisis in the country.

Taking to Twitter, former Interior Minister Sheikh Rashid said that Pakistan has still not received any verdict of International Monetary Fund (IMF) on sending aid to Pakistan and Pakistan is also not out from grey list of Financial Action Task Force (FATF). While he added that super tax has also been imposed on the poor.

Read more: PTI will hold biggest public gathering on July 2 in Islamabad: Imran Khan

He went on to say that people are selling their useful items from their homes and pulling out their children from schools. He said that no one will be able to stop people from coming out on roads due to loadshedding and increasing inflation.

Web Desk

Recent Posts

Imtiaz Super Store, D. Watson, Shaheen grocery among stores under renewed Customs scrutiny

ISLAMABAD (Ahsan Bukhari): A fresh investigation has been initiated by Customs authorities after the owners…

3 minutes ago

Aviation Safety Agency issues alert amid rising tensions in Middle East

ISLAMABAD: The Aviation Safety Agency has warned airlines that flights over the airspace of Gulf…

29 minutes ago

FM Asim Munir holds key meeting with Turkish President

ANKARA: Field Marshal Asim Munir held an important meeting with Turkish President Recep Tayyip Erdogan…

1 hour ago

Gurpatwant exposes Modi’s failed effort to change Sikh’s history through movie Satluj

ISLAMABAD: The highly controversial Indian movie named 'Satluj' has been the talk of the town…

2 hours ago

Emergency LNG cargo purchase initiated by PLL

ISLAMABAD: In view of the increasing tension in the region and the fears of closure…

2 hours ago

IMF projects higher inflation than government’s target

ISLAMABAD (Rizwan Abbasi): The International Monetary Fund (IMF) has projected that Pakistan’s average inflation rate…

3 hours ago