Why PTI failed to check inflation?

arifkarim

Prime Minister (20k+ posts)
Data shows PTI govt managed inflation fairly poor. State bank's inflation targeting is around 7 percent, yet the actual inflation rate has been much higher. November 2021 inflation numbers are now out and they show double digit growth in inflation YoY. Poor Pakistanis are being crushed under these unusual circumstances. It's govt and SBP's job to work together to ensure that inflation rate doesn't exceed targeted rate of 7 percent. Pmln govt can be criticized for bankrupting Pakistan in 2018, but it outperformed inflation target set by SBP through artificial means. PTI govt could at least meet that 7 percent inflation target without artificial means.
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Siberite Rajarawal111 Resilient Bubber Shair Landmark Awan S ansar_raja786 Tit4Tat Rajarawal111 Shazi ji
 

NasNY

Chief Minister (5k+ posts)
Inflation is related to Containers costing $14,000 to $22,000 per container. previously $400/container

Oil prices are high and cost of oil shipment is high.
because of Covid 19 world production slowdown.
Pakistan Industrial Mafia price manipulation.

Previous govt did not have to deal with these factors.
 

Dr Adam

Prime Minister (20k+ posts)

اگر اگلے ہفتے عید ہو تو پھر اسی عوام کی پھرتیاں دیکھیں آپ . لفظ مہنگائی بھی شرما جائے
 

Doom1111

Minister (2k+ posts)
Inflation is related to Containers costing $14,000 to $22,000 per container. previously $400/container

Oil prices are high and cost of oil shipment is high.
because of Covid 19 world production slowdown.
Pakistan Industrial Mafia price manipulation.

Previous govt did not have to deal with these factors.
Max in Asia countries the Inflation rate is 6% and now Pakiatan has 11.5%. Since PTI came 9% is the average inflation since 3.5 years of PTI.
 

Zainsha

Chief Minister (5k+ posts)

اگر اگلے ہفتے عید ہو تو پھر اسی عوام کی پھرتیاں دیکھیں آپ . لفظ مہنگائی بھی شرما جائے
عید تک جانے کی کیا ضرورت ہے ڈاکٹر صیب۔۔

کسی تھکے ہوئے ریسٹورنٹ کا وزٹ کر لیں۔۔


دسمبر میں پاکستان گیا تھا۔۔
غلطی سے کھانا کھانے کباب جی چلا گیا۔۔
تین گھنٹے کا ویٹ تھا۔۔
واپس آگیا۔۔
 

Resilient

Minister (2k+ posts)

اگر اگلے ہفتے عید ہو تو پھر اسی عوام کی پھرتیاں دیکھیں آپ . لفظ مہنگائی بھی شرما جائے

آپ چاہتے ہیں کہ عیدپر بھی لوگ نئے کپڑے نہ لیں اور گھر میں میٹھا نہ بنائیں ؟؟
 

RajaRawal111

Prime Minister (20k+ posts)

اگر اگلے ہفتے عید ہو تو پھر اسی عوام کی پھرتیاں دیکھیں آپ . لفظ مہنگائی بھی شرما جائے
جی جی ھر سال ایک ادھ باپ بچوں کو کپڑے نہ بنا کر دے سکنے پر پھرتی سے اپنے آپ کو آک لگا لیتے ہیں
 

Doom1111

Minister (2k+ posts)
Pakistan found out in hardway that Honesty does not mean competence or good admin skill ,otherwise, everything class teacher or a speaker would have been a PM of there country. Class teacher and Motivational speaker are kept there place and not let them rule the country is why other countries are successful compare to Pakistan in SA.


Admin skills and Governance is gifted and it cannot be manufactured.
 

Oppostion Is Mafia

Minister (2k+ posts)
Not good enough justification. Pakistan's inflation rate has consistently been higher than regional economies even before the current global inflation crisis View attachment 3901
You been sleeping past 40 years since Pmln and Ppp been ruling and looting pakistan and damaging institutions. Made no dams, no research, no election reforms, no exports and made the biggest crooks like Ishaq dar finance Minister and now when Pti came from day one you PDM started crying. Shame on you and your thinking
 

Doom1111

Minister (2k+ posts)
You been sleeping past 40 years since Pmln and Ppp been ruling and looting pakistan and damaging institutions. Made no dams, no research, no election reforms, no exports and made the biggest crooks like Ishaq dar finance Minister and now when Pti came from day one you PDM started crying. Shame on you and your thinking

PMLN took PSX from FM to EM and PTI brought it back to FM

PMLN brought GSP+ status and PTI also damage that.


Honesty can be found but competence is a million in one.
 

arafay

Chief Minister (5k+ posts)
Reason is simple. Pmln govt did not increase support prices of wheat and sugar cane for 5 years. They also did not increase prices of gas and electricity despite adding some of the most expensive power plants in the world.

When PTI came into power, they had to adjust prices for PMLN as well as for their own tenure ($ devaluation). The mistake PTI made was waste 2018. They should have increase the prices of electricity and gas straight away even before going to IMF.
 

arafay

Chief Minister (5k+ posts)
They made same mistake in April 2021? Who is going accountable for that? Same mistake twice meaning that you are not competent and Imran Khan said if person is not competent than he has no right to be a PM. Imran Khan does not even agree on his own words leave alone opposition.

Current inflation is a worldwide phenomena. Almost every country in witnessing record inflation right now so cannot blame any govt.
 

arifkarim

Prime Minister (20k+ posts)
Max in Asia countries the Inflation rate is 6% and now Pakiatan has 11.5%. Since PTI came 9% is the average inflation since 3.5 years of PTI.
Yes, it's way too high. Should have kept at inflation target of 7 percent