Islamabad: Recently a minister of Imran Khan for unbridled inflation in Pakistan said that the neighbouring country is responsible for this. Pakistan's Minister of Economic Affairs Hamad Azhar has cited the cancellation of trade with India as the main reason for rising food prices in the country. The price of tomatoes in Pakistan has reached 400 rupees per kg. With this, inflation is at a peak in ongoing Pakistan.
According to the sources, Azhar has blamed India for the price rise in food products. He said that skyrocketing prices, especially the rise in prices of food items, have resulted from the cancellation of trade with India. In Pakistan, Minister of Economic Affairs Hamad Azhar made this statement in front of the media. He said that Pakistan's economy is currently burdened with foreign debt and inflation is also troubling the people.
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Middlemen also responsible for inflation: On the other hand, talking about sources, Imran's minister has also held seasonal reasons and middlemen responsible for increasing inflation in Pakistan. The minister said that the Center is considering the matter with the provincial government to put up a cheaper market. Infuriated by the inflation, the countrymen assured that inflation will start decreasing from January to February.
Common Pakistanis upset with inflation: The special thing is that this comment of the Pak Minister has come when tomato prices have reached Rs 400 per kg. Common Pakistanis are upset by this. According to the report published in October, inflation in Pakistan is expected to be 13% in the next 12 months. For FY 2019, this estimate is 7.3%, while in 2018 inflation was 3.9%.
