Inflation in Pakistan

“Inflation in Pakistan”

The main reason for inflation in Pakistan is the corrupt politicians and their unsuccessful government. The corrupt politicians never give progress to the country and make the country in debt, like Prime Minister Shahbaz Sharif, Ex-President Asif Ali Zardari and Ex-PM Mian Muhammad Nawaz Sharif. Nowadays, inflation is touching the sky during Shahbaz Sharif’s government. Now, we will be discussing the bad impacts of inflation in Pakistan.

A country having inflation can make many hazards. If a country is in inflation, it means that the country has financial problems and a falling economy. Most of the country depend upon their economy and trade. Inflation and bad economic policies make the country in debt, and they repay debts by giving land or paying it back from people in the form of taxes.

Having an Inflation can make your economy down. Because inflation makes the value of money (rupees) down means that a bad economy devalues the national currency. For example, if you import something from a foreign country, it will cost you expensive because the currency of that country is too much strong compared to your home country’s currency. The prices of the things will be increased if those are imported. If your economy is too strong, the imported items from other countries will be cheap.

The best way to reduce inflation is to kick out the corrupt politicians and form a taxation system. It is our choice to vote for the best government for the future of the state. If we choose a corrupt government, it will make us in debt and never make projects like the Green line bus BRT, CPEC (China-Pakistan Economic Corridor) and Hydro-Electric Dams. Building industries can reduce inflation and can provide growth to our economy through financial trading. As we know, a Successful government always make Dams and Industries for the financial development of the country.

In the end, I would like to say that we must build more industries in our country for financial and economic growth. We must always choose the best government for our future. Inflation can make us in debt and the only way to reduce inflation is to kick out corrupt politicians and give taxes to the honest government. It is our responsibility to report our police corrupt people and “say not to corruption.” If we will work hard, then we can make our country’s future bright.