Pakistan's Inflation Crisis: A Comparative Analysis of Imran Khan's Era and the Current Government

Pakistan's Inflation Crisis: A Comparative Analysis of Imran Khan's Era and the Current Government

By : Abu Khaldoon 

Pakistan's Inflation Crisis: A Comparative Analysis of Imran Khan's Era and the Current Government  May 04, 2024 Pakistan's economy has been grappling with the menace of inflation for decades, but the past two years have seen a unprecedented surge in prices, leaving the common man battered and bruised. The current government's inability to control inflation has led to a significant decrease in the purchasing power of the common man, making it difficult for him to make ends meet. The prices of essential commodities like flour, sugar, and electricity have skyrocketed, perpetuating a cycle of poverty and misery. Imran Khan's Era vs. Current Government: A Price Comparison According to official statistics, the price of a 20kg flour bag has increased from Rs 1,100 in March 2022 to Rs 2,250 today. The price of a domestic LPG cylinder has risen from Rs 2,467 in March 2022 to Rs 3,030 today, while the market price has reached Rs 3,600-4,200. The price of a unit of electricity has increased from Rs 6.5 in March 2022 to Rs 23-29 today, while the subsidy on electricity has also been withdrawn. Essential Commodities: Then and Now - Pulses:     - Dal Masoor: Rs 223 to Rs 329     - Dal Moong: Rs 165 to Rs 312     - Dal Mash: Rs 179 to Rs 260     - Dal Chana: Rs 179 to Rs 260 - Meat:     - Beef: Rs 600 to Rs 1,200     - Mutton: Rs 1,400 to Rs 2,200 - Dairy Products:     - Milk: Rs 120 to Rs 200     - Yogurt: Rs 140 to Rs 220 - Ghee:     - Ordinary ghee: Rs 460 to Rs 500     - Utility store ghee: Rs 300 to Rs 500 - Fruits and Vegetables:     - Tomatoes: Rs 97 to Rs 120     - Onions: Rs 50 to Rs 200-250     - Potatoes: Rs 49 to Rs 80 - Beverages:     - Tea: Rs 260 to Rs 544 - Other essentials:     - Washing soap: Rs 88 to Rs 130     - Bread: Rs 10 to Rs 16     - Nan: Rs 12 to Rs 25 - Petroleum:     - Petrol: Rs 150 to Rs 293     - Diesel: Rs 144 to Rs 290 - Currency:     - US Dollar: Rs 180 to Rs 280 - Other commodities:     - Basmati rice: Rs 112 to Rs 240     - Irri rice: Rs 76 to Rs 170     - Broken rice: Rs 70 to Rs 115     - Live chicken: Rs 274 to Rs 516     - Powdered milk: Rs 390 to Rs 840     - Eggs: Rs 130 to Rs 245     - Butter: Rs 460 to Rs 500 The Impact on the Common Man The current government's failure to control inflation has led to a significant decrease in the purchasing power of the common man. The prices of essential commodities are increasing every day, making it difficult for people to make ends meet. The government's claims of reducing inflation are nothing but a myth, and the common man is suffering the most. Conclusion: In conclusion, the current state of inflation in Pakistan is a ticking time bomb, waiting to unleash its fury on the already beleaguered common man. The government must take concrete steps to control inflation and reduce the prices of essential commodities. The people of Pakistan are suffering, and it is the government's responsibility to provide them with relief. The government must act now, or risk facing the wrath of the people. It's evident that the current government needs to take immediate measures to alleviate inflation and improve the country's economy. The government must address the people's concerns and provide solutions to inflation and unemployment issues promptly. It's crucial for the government to understand and fulfill the expectations of the people by presenting immediate solutions to the challenges of inflation and unemployment.

Pakistan's economy has been grappling with the menace of inflation for decades, but the past two years have seen a unprecedented surge in prices, leaving the common man battered and bruised. The current government's inability to control inflation has led to a significant decrease in the purchasing power of the common man, making it difficult for him to make ends meet. The prices of essential commodities like flour, sugar, and electricity have skyrocketed, perpetuating a cycle of poverty and misery.


Pakistan's Inflation Crisis: A Comparative Analysis of Imran Khan's Era and the Current Government

Imran Khan's Era vs. Current Government: A Price Comparison

According to official statistics, the price of a 20kg flour bag has increased from Rs 1,100 in March 2022 to Rs 2,250 today. The price of a domestic LPG cylinder has risen from Rs 2,467 in March 2022 to Rs 3,030 today, while the market price has reached Rs 3,600-4,200. The price of a unit of electricity has increased from Rs 6.5 in March 2022 to Rs 23-29 today, while the subsidy on electricity has also been withdrawn.


Essential Commodities: Then and Now

EssentialCommodities: Then and Now

- Pulses:

    - Dal Masoor: Rs 223 to Rs 329

    - Dal Moong: Rs 165 to Rs 312

    - Dal Mash: Rs 179 to Rs 260

    - Dal Chana: Rs 179 to Rs 260

- Meat:

    - Beef: Rs 600 to Rs 1,200

    - Mutton: Rs 1,400 to Rs 2,200

- Dairy Products:

    - Milk: Rs 120 to Rs 200

    - Yogurt: Rs 140 to Rs 220

- Ghee:

    - Ordinary ghee: Rs 460 to Rs 500

    - Utility store ghee: Rs 300 to Rs 500

- Fruits and Vegetables:

    - Tomatoes: Rs 97 to Rs 120

    - Onions: Rs 50 to Rs 200-250

    - Potatoes: Rs 49 to Rs 80

- Beverages:

    - Tea: Rs 260 to Rs 544

- Other essentials:

    - Washing soap: Rs 88 to Rs 130

    - Bread: Rs 10 to Rs 16

    - Nan: Rs 12 to Rs 25

- Petroleum:

    - Petrol: Rs 150 to Rs 293

    - Diesel: Rs 144 to Rs 290

- Currency:

    - US Dollar: Rs 180 to Rs 280

- Other commodities:

    - Basmati rice: Rs 112 to Rs 240

    - Irri rice: Rs 76 to Rs 170

    - Broken rice: Rs 70 to Rs 115

    - Live chicken: Rs 274 to Rs 516

    - Powdered milk: Rs 390 to Rs 840

    - Eggs: Rs 130 to Rs 245

    - Butter: Rs 460 to Rs 500

Essential Commodities: Then and Now

Inflation Crisis: the Impact on the Common Man

The current government's failure to control inflation has led to a significant decrease in the purchasing power of the common man. The prices of essential commodities are increasing every day, making it difficult for people to make ends meet. The government's claims of reducing inflation are nothing but a myth, and the common man is suffering the most.

Conclusion:

In conclusion, the current state of inflation in Pakistan is a ticking time bomb, waiting to unleash its fury on the already beleaguered common man. The government must take concrete steps to control inflation and reduce the prices of essential commodities. The people of Pakistan are suffering, and it is the government's responsibility to provide them with relief. The government must act now, or risk facing the wrath of the people.

It's evident that the current government needs to take immediate measures to alleviate inflation and improve the country's economy. The government must address the people's concerns and provide solutions to inflation and unemployment issues promptly. It's crucial for the government to understand and fulfill the expectations of the people by presenting immediate solutions to the challenges of inflation and unemployment.



References:

https://www.pbs.gov.pk/sites/default/files/price_statistics/cpi/spi_annex_march_2022.pdf

https://www.pbs.gov.pk/sites/default/files/price_statistics/cpi/CPI_Monthly_Prices_Annex_0.pdf

 #Pakistaninflation #ImranKhan #currentgovernment #pricecomparison #essentialcommodities #commonman #purchasingpower #economy 

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