Political unrest raises the dollar rate, which then causes inflation.

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1 year ago

Hello, read.cash users are your Sunday plans? Sunday is being spent with family and old songs. Not to be overlooked are read.cash friends. It is now midday. just finished eating dinner . My eyes are closing after dinner. But I am not sleeping. I'm finishing the job I have.

I was unable to publish my article yesterday because I fell sleep too quickly the night. @TheRandomRewarder was looking at me angrily. Because, he is not properly interacting with my articles.Moreover ,it appears that random rewarder are underfunded.

Let's start topic :

Here is parliamentary procedure in my country. Sennet and NA(National Assembly) makes our parliament.Prime Minister is selected by National Assembly Members (MNA,s).

Sennett and NA select the President. Prime Minister control Government. While President picks the nation chairman. Our Government is in place for five years. Therefore, every prime minister has been selected after 5 year.

Since 2018, New Government had been come. During this time, our nation was prospering. Prime Minister was very honest and brave. The Prime Minister is stern when it comes to corruption.He is also fighting war against corruption rightnow. On the other side, whole opposition parties were bank corrupted. The Government was overthrown by vote of confidence after three years. Opposition parties created new government.

  • The New Government primary goal is to encourage corruption. Because the government and political parties with whom it has coalitions want to close the NAB corruption cases.

  • Protest had begun in every city of Pakistan after changing government. There is a wide chasm between the government and the populace .

  • As a result of the political unrest between administration and opposition parties, the dollar price also reached new heights. If the dollar rises, inflation will follow. It directly impacts the general populace.

  • Our economy situation was dire during government changing.IMF didn't want to continue own programme with new administration.Business community also disapproved of new administration.The business community 's choice to accept the new government was extremely difficult. Businessmans relocated to foreign countries after leaving home country.

  • The Government has failed to stop smuggling, white collar crime(Money laundering) and stacking. Therefore, dollar price is touching to sky. The cost in dollar has gone up by 300 rupees.

What is the state of economy in your country?

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1 year ago

Comments

This time dollar is at its peak. No one is wondering about the country's condition everyone is indulge in his own political interest.

$ 0.00
1 year ago

The inflation rate here in the Philippines is getting worst. The prices of the goods and services are increasing continuesly. Imagine the price of an onion is higher than a price of a fruit.

$ 0.01
1 year ago

It's also happening Same problem here. Onions prices are higher than fruit.. My family is using fried onion but they are tasteless.. It's not easy to control dollar rate.

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1 year ago

This is a massive concern cause the prices of every thing has gone sky high because of the Dollar rate continuously increasing of PKR.

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1 year ago