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'Losing sleep...' How Imran Khan shifted blame amid rising anger over inflation

Published on Jan 24, 2022 08:19 pm IST

Pakistan's economic decline shows no sign abating, Imran Khan has been at the centre of criticism. Squeezed by inflation, Pakistanis stare at tax hikes & spending cuts. During the July-October period, Pakistan's current account deficit widened to $5.2BN. Not just the current account deficit, trade deficit is also a massive headache with no fix in sight. During the July-November period, Pakistan's trade deficit widened to $20.59BN. Inflation has surged to double digits in Pak, prices of essential food items have doubled over recent months. During a Q&A session, the Pak PM tried sidestepping responsibility by linking the crisis to 'global phenomenon'.

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