‘Govt policies resulting in hyper inflation’

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People are faced with hyper inflation and joblessness due to the policies of the government as substantiated by the recent report on the performance of the first quarter released by the State Bank of Pakistan. A statement issued by Chairman of Jeevay Pakistan Jeevay Maqami-Hakoomat (JPJM) Daniyal Aziz said that the uncontrolled expenditures of the government were making it difficult to control fiscal deficit and pushing the people below the poverty line.
He said that government was not following a democratic approach and its dictatorial decisions were bringing the economy on the precipice and inflation would increase in coming months. He said only that an honest leadership like Turkey and Malaysia could bring the country out of the quagmire. He asked the government to curtail its unnecessary expenditures, reducing the foreign tours and shorten the accompanying official entourage and ending the non useful ministries.

1 COMMENT

  1. Ye to hona he tha……but what is not understandable is the attitude of the poor people who though sufferring the most hv not taken to the street to protest…why?…what more provocation do they need then seeing & watching their family suffer everyday..day in day out…Gen Ayub Khan the invincible was forced to step down due to Rs 1 increase in sugar price & involvement of his son " Gohar Ayub " who tried to unleash blood bath in Karach – was the last nail in the coffin of Gen Ayub Khan….& here we are today seeing unprecedented inflation resulting in crises in every field….nobody seem to move…only crying to reporters when approached…..what has happened to this nation…only Allash swt knows best…..may be a " lull before a storm "….if that is so…it better be….because " enough is enough "….& CHANGE must.

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