April 26, 2023
Economic turmoil transformed into existential crisis in Ramzan (Opinion)
The holy month of Ramzan has ended, but about a month ago, Pakistan entered one of its toughest Ramzans amid the record-high inflation of 35.7%, an unstable economy, a country standing at the verge of default and no hope in sight as IMF has not released the next tranche of $1billion loan to Islamabad. The Sensitive Price Index (PSI) revealed during the first week of Ramzan that people are struggling to buy average quality wheat flour, with the 20 kg bag is priced ranging Rs. 1,295 to 3,100 in different cities of Pakistan, compared to Rs. 800 and Rs. 1,500



