ISLAMABAD: President of Pakistan Muslim League-Nawaz and Opposition Leader in the National Assembly Shehbaz Sharif has warned the nation that 11.5 percent inflation per month is proof of economic destruction; people are committing suicide due to price hike and unemployment whereas rulers are urging them not to panic.
In a statement, Shahbaz Sharif said that inflation reaching the highest level of the year is evidence of the doom and destruction of the economy for the poor, inflation has reached a 13-year high record, people are burning in the fire of inflation however government statements will not extinguish this fire.
While commenting on the current inflation situation he said that the account deficit is constantly increasing. Moreover, the account deficit for the current financial year released in July-October has reached to $5.1 billion.
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