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Monday April 29, 2024

Purchasing power

By News Desk
April 17, 2024
Purchasing power

The inflation and austerity avalanche imposed by the IMF in order to stabilize the economy of the country, has drastically eroded the purchasing power of people. As a result, many of the young people are not ready or willing to roll up their sleeves and serve the country.

Instead, they are migrating to other countries in order to find better prospects. Halting inflation has to be the foremost economic priority if we are to recover.

Maria Zulfiqar

Islamabad