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Investment in Pakistan: According to the report of the news agency ANI, the residents of Jammu and Kashmir are increasingly investing in some cities of the neighboring country of Pakistan in recent times. As it is known for a long time that the economic condition of Pakistan is very bad and this country is standing on the verge of poverty. In such a situation, the reports that the residents of Jammu and Kashmir have invested billions in the cities of Pakistan like Islamabad, Lahore, Karachi and other cities can be a cause of concern. Actually Pakistan’s Media Politics Daily has published this news.
Where is this report from
It is also mentioned in the report of Siasat Daily that many scams are happening in Pakistan at this time and due to this investors are losing their money because the mafia is very strong there.
The report states that dozens of Kashmiris have been killed by organized groups in recent months, but neither the Pakistani authorities, nor the Gilgit-Baltistan and Pak authorities have taken any cognizance of this or taken any steps to curb these crimes. Have tried. However, just yesterday a Pakistani expert has emphasized that due to low productivity, low economic growth and weak public health services, Pakistani citizens will have to suffer such problems for a long time and for them these issues are bigger and not It is a matter of who wins in the current conflicts.
Pakistan’s economic condition is bad
As it is known to everyone that both the economic condition and the financial picture of Pakistan are very bad. This neighboring country is standing on the verge of poverty and in March 2023, its inflation rate had jumped to 35 percent. Apart from this, public subsidies are being withdrawn there and along with expensive tariffs on everything, the continuously falling value of the Pakistani rupee is also causing trouble for it. In order to secure the International Monetary Fund’s $1.1 billion bailout package, the Pakistani government is adopting all these tactics.
Pakistan’s financial figures are very bad
The inflation rate of food items in Pakistan has reached 47 percent and even the rich and wealthy families of Pakistan have been forced to change their way of living as they also have to fight on the front of ever-increasing prices. . Pakistan expects that its economic growth rate (GDP) will grow at the rate of 2 per cent during this current financial year. However, recently the World Bank had reduced the expectation of Pakistan’s growth rate from 2 percent to 0.4 percent.
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