Home Pakistan Further inflation in July can increase political crisis: Sheikh Rashid

Further inflation in July can increase political crisis: Sheikh Rashid

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RAWALPINDI, June 29(ABC): Awami Muslim League Pakistan (AMLP) leader Sheikh Rashid on Wednesday said that further inflation in July can increase political crisis in the country.

Taking to Twitter, former Interior Minister Sheikh Rashid said that Pakistan has still not received any verdict of International Monetary Fund (IMF) on sending aid to Pakistan and Pakistan is also not out from grey list of Financial Action Task Force (FATF). While he added that super tax has also been imposed on the poor.

He went on to say that people are selling their useful items from their homes and pulling out their children from schools. He said that no one will be able to stop people from coming out on roads due to loadshedding and increasing inflation.

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  • FD News

    Financial Daily (FD) is an emerging media outlet providing news reports, analysis and features especially related to politics and economy. FD is currently one of the largest and most comprehensive private-sector information portals in Pakistan, providing its readers with apolitical, unbiased and fact-based news reports and analyses.

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