Authenticity of Pakistan's 'economic crises'

[hydrabadi_arab]

It's more depressing tbh,

This January- dec I visited Pakistan for like a month proper went to malls like 3 times and I swear on everything dear to me

It was filled to the BRIM, I could literally smell everyone's weird mix of sweat and perfume, especially the last time on Friday night, went to local KFC same thing - took me 15-20 minutes to just order my food, same with most famous local restaurants

I took the Metro on I think Tuesday evening 6 ish and station was filled just like the Friday night mall
Mostly regular people but I could definitely see women, men dressed up with makeup and all, going out and about for leisurely activities

Same thing with an amusement park I went to on a workday - filled to the brim

For the bowling alley, it took us 20-30 minutes to get our space, housing societies every f-ing where

But That's on an individual level , I think we have to pay 1.2 $ billion luxury car import bill too Afaik

The dark part is- in the same country a LOT of people are really struggling with inflation, especially after the floods most of our country is struggling, atleast 2-3 beggars on every stop, children selling stuff to feed their family

There's a huge economic divide and no it's not elites, elites alone can't fill out entire Malls, amusement Parks, restaurants etc

Malls have jack shit to do with economy. Pakistan is running out of $. One day Pakistanis will wake up without electricity, petrol and food like Sri Lankans did.

It will take just 1 day for reality to bite.

 

[Azad_ Kashmiri]

Prices of eggs and other food items are going up globally not just in Pakistan.

You stupid person. I know that. I was talking about Pakistan. How does 100rs for 3 eggs benefit the poor

 

[Skimming]

Can anybody living on ground in Pakistan throw light on Pakistan's current economic crises? The media reports seem exaggerated. What raised my suspicion is the article of '7 million people laid off in textile industry'. 7 million??????!!!!!!!! Pakistani members who say various shortages, electricity breakdowns, the laying off, the synchronized simultaneous border problems with Afghanistan, etc are all real may be affiliated to political parties with their own agenda.

So what's the truth?

@xeuss

 

[epebble]

Don't cite anything from media. The same media also says that 7 million were laid off. Tell what you have seen directly with your own eyes.

There are quite a few TV channels on the web that report live news from field. You can watch them. You may even understand the language somewhat, but the visuals speak quite loud and clear. The newspapers have quite good and balanced coverage without sensationalism or pussyfooting.

 

[Skimming]

Can anybody living on ground in Pakistan throw light on Pakistan's current economic crises? The media reports seem exaggerated. What raised my suspicion is the article of '7 million people laid off in textile industry'. 7 million??????!!!!!!!! Pakistani members who say various shortages, electricity breakdowns, the laying off, the synchronized simultaneous border problems with Afghanistan, etc are all real may be affiliated to political parties with their own agenda.

So what's the truth?

@Skull and Bones

 

[Skimming]

@Paitoo

 

[nahtanbob]

7 million would be mass unemployment

 

[Indos]

7 million would be mass unemployment

Businesses needs to adapt or risk getting bankrupt. Those 7 millions can be hired again if the demand in Western world pick up

 

[Skimming]

Can anybody living on ground in Pakistan throw light on Pakistan's current economic crises? The media reports seem exaggerated. What raised my suspicion is the article of '7 million people laid off in textile industry'. 7 million??????!!!!!!!! Pakistani members who say various shortages, electricity breakdowns, the laying off, the synchronized simultaneous border problems with Afghanistan, etc are all real may be affiliated to political parties with their own agenda.

So what's the truth?

@walterbibikow

 

[walterbibikow]

@walterbibikow

Their forex coffers are getting emptied due to which they're not able to import essential raw materials and machineries needed to run their textile industry. That's why there is mass layoffs in that sector which is generally labour intensive industry. Now according to latest reports, chinese commercial bank has asked Pakistan to make debt repayment of $500 million in next 72 hours–the second in the past seven days –which may push their forex reserves below $4 billion

 

[Skimming]

Can anybody living on ground in Pakistan throw light on Pakistan's current economic crises? The media reports seem exaggerated. What raised my suspicion is the article of '7 million people laid off in textile industry'. 7 million??????!!!!!!!! Pakistani members who say various shortages, electricity breakdowns, the laying off, the synchronized simultaneous border problems with Afghanistan, etc are all real may be affiliated to political parties with their own agenda.

So what's the truth?

@langda khan

 

[langda khan]

@langda khan

Did any Pakistani reply?

 

[AlKardai]

Did any Pakistani reply?

multiple, if you opened your eyes and looked

 

[epebble]

‘Eating less, travelling less’: How Pakistanis are coping with sky-high inflation​

‘Eating less, travelling less’: How Pakistanis are coping with sky-high inflation

The worst part is that there seems to be no light at the end of this tunnel. Those in power keep repeating the same mistakes and the poor end up paying the price.

www.dawn.com

 

[Skimming]

‘Eating less, travelling less’: How Pakistanis are coping with sky-high inflation​

‘Eating less, travelling less’: How Pakistanis are coping with sky-high inflation

The worst part is that there seems to be no light at the end of this tunnel. Those in power keep repeating the same mistakes and the poor end up paying the price.

www.dawn.com

Not any media articles. Description by someone actually living now in Pakistan.

Because first hand account is the most reliable and authentic one.