"Decades of mismanagement and instability have hobbled #Pakistan’s economy, and this summer #Islamabad was forced into a deal with the International Monetary Fund (#IMF) to avert default.
However, the global lender demanded that popular #subsidies cushioning living costs be slashed. #Petrol and #electricity prices have rocketed."
#PakistanTraders hold nationwide shutdown over electricity bills, #inflation | Inflation News | Al Jazeera
https://www.aljazeera.com/news/2023/9/2/pakistan-traders-hold-nationwide-shutdown-over-electricity-bills-inflation
#inflation #pakistantraders #electricity #petrol #subsidies #imf #islamabad #pakistan