‘Imran Khan is crushing the poor’ - The Guardian UK

arifkarim

Prime Minister (20k+ posts)
Protesters in Karachi carry an effigy of Imran Khan as they take part in an anti-government demonstration

‘Imran Khan is crushing the poor’: anger rises as inflation grips Pakistan

Shah Meer Baloch in Islamabad
Tue 9 Nov 2021 11.02 GMT

On Friday night, 27-year-old Asadullah, who sold old shoes on a cart, set himself on fire in the Pakistani city of Karachi.

Ghani, a relative, blamed the state of an economy where rampant inflation is hitting those least able to cope. In comments to local media, he said Asadullah used to get calls from his wife and parents asking him for money, but he could not afford to pay the rent and meet his own expenses and sending money back home was no longer possible.

“We can’t run our homes, that’s why Asadullah committed suicide,” Ghani said. “I know five more people who are fed up with inflation and want to end their lives because of skyrocketing prices. The government should have mercy and decrease the inflation.”

An economic meltdown is putting the Pakistani prime minister, Imran Khan, under immense pressure and bringing the threat of unrest as record inflation – the fourth highest in the world – pushes the price of sugar higher than petrol.

Before coming to power, Khan had vowed to root out corruption and lift people out of poverty as he promised a new and prosperous Pakistan with the creation of 10m jobs. Instead, after a visit to Saudi Arabia last month, he announced $3bn in financial support from Riyadh.

In an address to the nation last week, Khan blamed the opposition for past mistakes and inflation in the international market for the miseries of the people in Pakistan. He also announced a 120bn-rupee relief package providing subsidies on essential food items.

Khurram Hussain, an economic analyst, said it was not enough. “The package is a drop in the ocean and will do little to help the mass of ordinary people. The pressure on Imran Khan will continue to mount because we have seen further price hikes, such as of fuel and sugar, after the announcement of the package.”

He said inflation was imposing a crushing burden on ordinary people because it comes at a time of high unemployment and stagnant wages. Prices of some essential items, such as fuel and electricity, are unprecedentedly high.

The Pakistan Democratic Movement (PDM), an opposition alliance, has announced a campaign against the government of Pakistan Tehreek-e-Insaf (PTI) and the inflation rates the country is witnessing. A long march against inflation was also announced as a part of the campaign from Lahore to Islamabad.

It says ordinary people of the country will struggle to afford basic necessities if prices do not come down.

Two weeks ago, Mohammed Ghufran, 47, a shopkeeper in Mardan, Pakistan’s north-western province, was arrested after he went to a mosque and prayed for cursing the prime minister. Ghufran said he had seen a fall in the number of customers as prices went up. He talked about inflation to daily wage workers, who told him that they could not afford to buy food for their families.

“I rushed to a mosque and announced to the speakers that we should curse Imran Khan,” he told the Guardian.

“The prime minister promised a new (Naya) Pakistan and that it would be a welfare state for ordinary people but he has done the opposite. He is crushing the poor.”

Ghufran said he regretted voting for Khan and “everyone I know who voted for him and believed in him” regretted it, too. “People in my neighbourhood supported my calls against Imran Khan after I was released in two days. We believe Imran khan should resign if he can’t control the prices of essential commodities.”

Three years ago, a sack of sugar (50kg) cost about 3,000 rupees (£13) but now it is more than 7,000 rupees (£30). “As he lied to us, I pray God would ask him,” he said.

A government employee, asking to remain anonymous, told the Guardian that the prices of necessary commodities had increased with little increase in income.

The government has failed to control inflation,” he said. “I could run my kitchen for 60,000 rupees (£261) three years ago and now I can’t do it for 90,000 rupees (£393).”
 
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Iconoclast

Chief Minister (5k+ posts)
A nation used to living off the breadcrumbs their corrupt masters throw at them in the name of subsidies deserve shujauddin, Bubber Shair, Awan S, Rajarawal111 etc's fathers to rule them.
This is exactly what is called hardships and nations go through it in order to build a better country for their next generations but oh no, we must only think about our bellies...
We even import lighters from China and here we are ruing inflation. lol
As for the rich, they will only use the poor to play to the emotions while they fawn over their materials, iphones and all the useless shit they have.
What a pitiful mentality of our people. Nobody wants to sacrifice anything and expect greatness............. You do deserve PPPMLN.
 

Dr Adam

Prime Minister (20k+ posts)
A nation used to living off the breadcrumbs their corrupt masters throw at them in the name of subsidies deserve shujauddin, Bubber Shair, Awan S, Rajarawal111 etc's fathers to rule them.
This is exactly what is called hardships and nations go through it in order to build a better country for their next generations but oh no, we must only think about our bellies...
We even import lighters from China and here we are ruing inflation. lol
As for the rich, they will only use the poor to play to the emotions while they fawn over their materials, iphones and all the useless shit they have.
What a pitiful mentality of our people. Nobody wants to sacrifice anything and expect greatness............. You do deserve PPPMLN.
Yo' man! Welcome back. Where had you been?? Missing in action!
Missed your good English.
All okay at your end???
 

arifkarim

Prime Minister (20k+ posts)
While they are also the guardians of the person who is the reason why they got poor in the first place, as well as brain behind IMF in levying the poor in order to get loans. How Ironic!
IMF is not your enemy or friend. It's a commercial bank of last resort that charges interest like all other banks in the world. Blame should be on those elected leaders who bankrupt the economy every 5 years trying to win next elections, while forcing the country and its poor people back to IMF again and again:
28D489C0-7607-46B3-806E-0CD8A77EF6F6.png
8B9FFDE4-DC2D-4024-90F3-2AD4CD342467.png
 

Iconoclast

Chief Minister (5k+ posts)
......................IMF is not your enemy or friend. It's a commercial bank of last resort that charges interest like all other banks in the world. Blame should be on those elected leaders........
And that's exactly they treat every nation based on their condition (current condition) why are we standing where we are? Is it because of Ik? If so, hang him upside down... if not and like any person with a sliver of intelligence within his brain would understand we are dealing with the after effects of the parasites (PPPMLN) policies and corruption. If you think their transgressions aren't the core reason for our downfall, I can only take you for a jester then.
The rest of what you said is just your feeble attempt at trying to come out on top.... keep your graphs with you.... the irony is you still missed the point lmao.
 

Iconoclast

Chief Minister (5k+ posts)
Pakistan must treat bitcoin like Iran does it and it shall survive... if these economists, the likes of @desperados could do shit, all the major financial institutions in the world wouldn't have needed getting bailed out (AEG)
Open an exchange, make it decenteralized, give tax breaks to hodlers and you're looking at around 6bn dollars a year in profits (from trading fees)....
Nah but we need subisdies injected and keep reinventing the wheel that lead us to this chasm in the first place lol
 

arifkarim

Prime Minister (20k+ posts)
we are dealing with the after effects of the parasites (PPPMLN) policies and corruption.
They drain foreign exchange reserves in election year to artificially lower inflation in order to win next elections. That's why showing the graphs is essential or else people will never understand how inflation is suddenly low in the election year. It's all artificially done by the political mafias, price of which is paid through extreme inflation the next 4 years until the 5th year (election year). So is 1 year of relief every 5 years worth draining of all the reserves and thus bankruptcy?
C3502DE9-D201-4269-B716-A9DBA3DE1A4C.png
 
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arifkarim

Prime Minister (20k+ posts)
Pakistan must treat bitcoin like Iran does it and it shall survive... if these economists, the likes of @desperados could do shit, all the major financial institutions in the world wouldn't have needed getting bailed out (AEG)
Open an exchange, make it decenteralized, give tax breaks to hodlers and you're looking at around 6bn dollars a year in profits (from trading fees)....
Nah but we need subisdies injected and keep reinventing the wheel that lead us to this chasm in the first place lol
Pakistan has excess electricity it could easily utilize to run bitcoin mining farms and earn dollars from it. But the policy makers are all old dinosaur babus who have no idea what a crypto currency even is.
 

Iconoclast

Chief Minister (5k+ posts)
Pakistan has excess electricity it could easily utilize to run bitcoin mining farms and earn dollars from it. But the policy makers are all old dinosaur babus who have no idea what a crypto currency even is.
Fuck mining as a side gig that's fine but we need energy.. Just by launching a secure exchange with perks will earn them billions in trading fees alone.. The sky is the limit. Go lookup how much binance turnout a year is.. Regardless of the price whether it's going up or down.. There are far better options than mining which is only going to get harder and harder as time goes.
But oh no listen to these economists who lead the world to multiple recessions
 
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