Before Imran Khan CORRUPTION was the main issue when he assumed public office but it goes shaded & secondary when EXPENSIVE commodities & high raised prices for everything people eat & the services people get have jolted the normal Pakistani …..they are crying!
The premier IMRAN Khan efforts to cease corruption practices in the country no doubt people appreciated, a good sign in changed leadership call that’s IK did.
IK during election campaigns he accentuated to unearth & unmask the Corrupts, & that he did through relevant department who faced prosecution & either sent to jail or through plea bargain got their cases closed, while most of them are under NAB remand & facing scheduled investigation.
However in order to make it more trustworthy NAB must public the culprits name, nature of crime they committed, plundered amount & the deal through plea bargain finalized from NAB.
By doing so existence of NAB that claims to kill corruption & prepare critical national economic intelligence assessment against economic terrorism in the country may get good applause & acclaims among general public.
The cases that still moving to and fro since long, the under investigation accused on medical ground enjoying respite or instead living in temporary cell at NAB they are living at their homes or some declaring their houses as alternate of jail are more smarter than a normal criminal those too are under NAB clutch so such discrimination should not be accorded by NAB in order making the law equal as justice says.
Though Imran Khan first slogan of his manifesto to handle corrupts seems growing or unfolding gradually but the other thing that came into being during his fifteen months of his polity that’s “EXPENSIVE PRICES” not for edible items but for everything that a common man uses on daily basis becoming a source of sourish, unwholesome, provocative & stimulant making people acrimonious, impatience & Ill-tampered
using harsh words against Imran Khan for unmanageable price hiking for every single item that’s has made masses life miserable & un-affordable as media showing people violent anger, flaring up & infuriated talks about IMRAN Khan….. that we trusted IMRAN KHAN HE WILL GIVE US A NEW PAKISTAN, IS IT A NAYA (new) PAKISTAN?
why transport fare increased, why school fees increased, why medicine cost increased, why service charges from state owned institutions increased, prices of everything have been increased astronomically, regular fight with my spouse, said an old man.
The government had estimated inflation to range between 11 percent and 13 percent for the current fiscal year.
The SBP’s projection for average inflation remained at 11 to 12 percent for FY20. However, inflation has gone beyond 14 percent in the month of January 2020
The inflation rate has risen to 14.6 per cent in January from 12.6pc of the previous month, scaling the highest level in 12 years, the Pakistan Bureau of Statistics (PBS) reported on Saturday.
Pakistan’s annual inflation rate rose to 13.07 percent in January 2020 from 12.42 percent in the previous month. This was the highest inflation rate since June 2011, boosted by prices of food & non-alcoholic beverages (19.3 percent vs 16.9 percent in December);
Transport (14.3 percent vs 12 percent);
Clothing & footwear (10.5 percent vs 10.2 percent) and
miscellaneous goods & services (12.3 percent vs 11.6 percent). On the other hand,
Cost slowed slightly for housing & utilities (8 percent vs 9.7 percent) and furnishings (11.4 percent vs 11.7 percent).
On a monthly basis, consumer prices inched up 1.6 percent, the most since July last year, after dropping 0.3 percent in the previous month.
Inflation, measured by the Consumer Price Index (CPI), edged up 1.97pc over the previous month. Last time, the highest inflation in the country was recorded at 17pc in the year 2007-08.
The data released shows that higher food prices, particularly of wheat and flour, pulses, sugar, gur and edible oil, have been the largest driver of overall inflation in January.
It has also been observed that the prices of essential food items, especially vegetable and fruits, are higher in rural areas than in urban areas.
In rural areas, the prices of LPG cylinders used for cooking purpose have also witnessed highest ever increase since 2013.
The pass-through of exchange rate depreciation and higher international commodity prices, in addition to strong underlying demand pressures, started to reflect in higher year-on-year inflation from July 2019.
High food prices are largest driver of overall inflation
Food inflation in urban areas rose by 19.5pc in January on a yearly basis and 2.7pc on a monthly basis whereas it increased by 23.8pc and 3.4pc, respectively, in rural areas.
It clearly shows that food inflation is very high in rural areas where most of the population lives, which is an unprecedented phenomenon.
In urban areas, the food items which saw an increase in their prices include:
pulse moong 19.74pc,
pulse gram 18.2pc,
fresh vegetables 11.7pc,
pulse mash 10.29pc,
wheat flour 7.42pc,
pulse masoor 7.33pc,
condiments and spices 7.15pc,
gram whole 6.68pc,
fresh fruits 3.93pc,
mustard oil 2.87pc,
wheat products 2.64pc,
vegetable ghee 2.18pc,
fish 1.19pc and dry fruits 1.09pc.
On the flipside, items whose prices declined in urban areas include: onion 18.37pc, tomato 8.36pc and potato 3.69pc.
In rural areas the food items which saw a price hike include:
pulse moong 18.7pc,
fresh vegetables 15.39pc,
pulse gram 14.21pc,
pulse masoor 6.77pc,
vegetable ghee 6.55pc,
cooking oil 6.48pc,
pulse mash 6.31pc,
wheat flour 6.16pc,
mustard oil 5.13pc,
condiments and spices 4.85pc,
gram whole 4.22pc,
dry fruits 3.54pc,
pot ato 1.96pc,
wheat products 1.67pc and
milk powder 1.4pc .
With around 40 per cent increase in Pakistan’s public debt and liabilities in 15 months, the government on Friday conceded major violations of the Fiscal Responsibility and Debt Limitation Act (FRDLA) for massively exceeding debt acquisition limits.
In its debt policy statement laid before the parliament, the ministry of finance noted that total debt and liabilities that stood at Rs29.879 trillion at the end of the fiscal year 2018 crossed Rs41.489tr at the end of September 2019, showing an increase of Rs11.6tr or 39pc.
At the end of the fiscal year 2019, the total debt and liabilities were reported to have increased by about 35pc or Rs10.344tr to touch Rs40.223tr.
PTI leadership must be serious to understand the factor that what elements behind are pushing the prices up & why govt seems loose to control & break false crisis, the cartels created by hoarders & stockist, distributors & suppliers , wholesalers & retailers, indeed drastic action to be ensured against the criminal who are slandering PTI govt.
Role of relevant ministry & ministers, departments & their heads all must undertake responsibility to check & ensure adequate supplies in the market at govt approved rates otherwise cease their business, put them in jail & impose outrageous fine to correct them those are causing to fail the govt.