Inflation 14%, markup 13.25 % shows economy slipping into abyss: Nafisa Shah

ISLAMABAD: Inflation rate touching 14 percent and markup 13.25 percent shows the economy under present regime is slipping into abyss fast, said Dr. Nafisa Shah, Secretary Information Pakistan Peoples Party (PPP).

In a statement issued here on Tuesday, Nafisa Shah said that the economy is taking its last breath but the ‘selected’ prime minister is intoxicated by power and displaying in-sensitiveness towards poor people of Pakistan.

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She said the debt burden has increased more than 12 thousand billion rupees in the last 18 months. Reduction in growth rate next year is bad omen for the people as millions of Pakistanis will loose their jobs, she added.

The PPP Secretary Information said that the price of ‘incapable and selected’ government is being paid by the poor public of Pakistan. Every economic indicator tells us that the country is going deeper  economic crisis, Dr. Shah maintained.

With input from INP

Read more: US to set first manufacturing unit of biomedical equipment in Pakistan

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