I am highlighting a pressing concern: the high inflation rate in Pakistan, posing numerous challenges for our citizens. According to official statistics, inflation in Pakistan averaged 12% per year between 1990-91 and 1995-96, although many economists believe it exceeded 20%. Inflation, defined as the persistent rise in general prices across the country, significantly impacts the financial status of a nation. Currently, inflation in Pakistan has entered a phase of crumbing inflation, introducing various difficulties to the country’s survival. The high rate of inflation continues to increase instead of decreasing, presenting multiple challenges to the nation’s finances.
