Bad condition of GDP in Pakistan and inflation is touching the sky

Bad condition of GDP in Pakistan and inflation is touching the sky

Diarytimes Media Network, Shimla Published by : Kumud Sharma, Updated June 9, 2023 by Diary Times

For the past several times, Pakistan is facing economic crisis and for this reason the economy of Pakistan is passing through difficult times. And along with the economy, inflation in Pakistan is also skyrocketing and this time the government of Pakistan has projected the economic growth rate of Pakistan to be only 0.29 percent and inflation to reach 29 percent in the financial year 2022-23.

Pakistan’s Finance Minister Ishaq Dar expressed this possibility while presenting the economic survey for the financial year 2022-23 on Thursday (June 8). In this survey, an account of the achievements of the government has been presented in the financial year ending on June 30, amid political instability and severe floods in Pakistan.

If the figures shown in the economic survey turn out to be correct, then definitely no one can stop Pakistan from going bankrupt in the coming times because before this the World Bank has also refused to give loan to Pakistan and in such a situation Pakistan that trouble is not taking the name of work

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