Exactly.. This is the only option they have. With inflation >30%, Not many can afford to lose even a week's worth of salary. It's a miracle that looting of market/banks has not started.
Pakistani public is being punished with backbreaking inflation. They can either protest and lose their livelihood/face jail or, keep working like animals to make ends meet. Neither is a good option. If they protest, they are likely to lose everything including their life.
Good old Sartaj Aziz.. Used to be India hawk in otherwise okay Nawaz kitchen cabinet. It's good to see that he has lived long enough to see current Pakistan. May he live for another 10 years and see more depth to which his country is being pushed by his Army. We just need to wait and watch.
In last 5 years, Pakistan increased its public debt by more than 36.5 Trillion PKR. That is an increase of 140% debt in 5 years.
Can any GDP keep pace with it ? Taxes surely are not going to increase this rapidly. Biggest problem Pakistan seems to have is Fiscal deficit. Every years this will...
In an alarming development, the Pakistan Democratic Movement (PDM) government added Rs18.5 trillion to the public debt in just 15 months, which was more than the debt accumulated by its arch-rival Pakistan Tehreek-e-Insaf in its three-and-a-half-year tenure, reveals a central bank statement...
Ever since his own people disowned him under pressure from Army, both he and his supporters have lost everything. Aligarh boys will never abandon their glorious tradition of Cutting own nose.