Pakistan economic crisis: Pakistan's condition is bad, LPG gas is sold in plastic bags- Watch Video

Publish Date: 12 Jan, 2023 |
 

In the midst of economic crisis, people are filling LPG gas in plastic bags, not cylinders in poor Pakistan. Videos of carrying gas in plastic bags are becoming very viral on social media. Inflation has broken the back of the common Pakistani. Pakistan is in such a crisis that cooking gas is being sold in plastic bags. 

According to a World Bank report in the month of April 2022, about 34% of Pakistan's population is forced to live their life on an income of only $ 3.2 i.e. 588 Pakistani rupees per day.

On the other hand, the population of the low-income group spends almost 50%of their total income on food. Now the situation has become such that people there are filling LPG in plastic bags. Even Pakistan is earning by selling its animals (lion, tiger, donkey and dog).

Debt on Pakistan

Pakistan is drowned in foreign debts and facing inflation. According to a report, in June 2013, Pakistan had a debt of $ 44.35 billion. At the same time, in April 2021, the total debt reached $ 90.12 billion. While this year in 2022, there has been a steady decline in Pakistan's foreign exchange reserves.

Pakistan's foreign exchange reserves stood at $16 billion in February 2022. Which reached $ 10 billion in the first week of June and came down to $ 7.83 billion in August. By the end of the year, it has come down to $5.8 billion. According to a figure, Pakistan needs at least $ 36 billion to bring the economy back on track.

 

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