Pakistan is facing its worst historical inflation ever, experts are of the view that the current depreciation of PKR and sudden huge hike in petroleum products and made the economy on the verge of collapse. The inflation is expected to cross 30% due to sharp rupee depreciation and petrol prices hike.
The inflation would add to the misery of already burdened masses. Economy Experts are also expecting that the oil price is expected to be 40% high and electricity prices would be 20% . The decision of government to remove the cap from the dollar exchange rate has resulted in decline of 12.5% due to immediately implementation.
