Why Pakistan's Economic Crisis Is Getting Worse | Inflation, Unemployment & weak currency

10 months ago
10

#pakistaneconomycrisis #pakistaneconomiccrisis #shorts
Today, the Pakistani rupee has been in free fall. It plummeted to an all-time low of 280 against the US dollar only in feb this year, adding further pressure to the Pakistani economy. It now relies on financial aid from the International Monetary Fund (IMF) to help stave off an unimaginable economic crisis.

With the economic crisis deepening, all eyes are on Prime Minister Shehbaz Sharif to ease sufferings of his people

The Pakistani rupee has lost nearly 40% of its value against the US dollar since 2017, making imports more expensive and fueling inflation.

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