Browsing Tag

inflation

Shrinking Middle Class

Asem Mustafa Awan Islamabad: Middle class forms the economy but in Pakistan, this class is diminishing due to inflation and unchecked price hikes. A report says that the middle class was at 45 per cent in General Pervez Musharraf’s…

Same Bag, Two Prices

Pakistan In Picture  Asem Mustafa Awan: The increase in relief from three to four bags of flour by the government is announced but, at the same time, the price is also increased from Rs 650 to Rs 1158 for a 10 kilogram bag. This is…

Price Hike Before Ramazan

Asem Mustafa Awan A new spike of inflation has gripped the country well ahead of the start of Ramazan, the holy month of fasting for Muslims all over the world. The back breaking rise in prices of daily use items is taking toll on all but…