Rulers accused of ‘horrible’ price hikes

Karachi: Present rulers have give nation nothing but unprecedented price hike, inflation and poverty, charged a report of Bilawal House Media Cell of Pakistan Peoples Party issued here on Tuesday. The report noted a horrific jump in inflation during the era of present rulers. It said the speed at which the prices of daily use items had increased in Pakistan during last one decade was unmatched in the world. It charged that present rulers and their team of economic managers drawn from different international finance institutions were directly responsible for the causes of such horrendous price-hike and inflation in Pakistan. It seems that they are sent here with a special task to make the poor poorer and promote the economic interests of a particular class, the report alleged. They are presenting an impression all over the world since last seven years that Pakistan is standing on its feet economically and that the economy is booming, the report said, but the real fact is that people have been compelled by the regime to commit suicide due to rampant inflation and unemployment. “Everyday, one and a half dozen Pakistanis put themselves to death just for economic reasons.” The report said everywhere in the world, the governments use to provide subsidized utility items and services to their people but in Pakistan the government go for easy solution of raising indirect taxes and increasing the utility service rates. “This could be proved by the fact that a 6 to 10 hours power load-shedding is being practiced in Karachi since last 6 months but the KESC continues to charging average and increased billing, which is an open ‘state cheating’.”
It said due to the economic strains, now middle class has also joined sufferings of poor and downtrodden people and their children’s possibility for a quality education has diminished. It said education fee raise in Pakistan during last seven years was recorded between 150 to 300 percent while the large universities fees were sharply raised by 400 per cent. While the prices of students books and academic equipment registered 200 to 300 per cent rise.—Agency

 




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