Warning about inflation, Imran says currency depreciation to directly affect masses

MIANWALI: Pointing towards recent devaluation of Pakistani rupee against dollar, Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan on Monday said the currency depreciation would directly affect the masses.

“The depreciation of Pakistani rupee multiplies our foreign debts and to tackle this situation more taxes are imposed resulting in high costs of commodities,” he said while addressing a public gathering in Mianwali, his hometown.

He said the biggest problem facing Pakistan was surge in debts.

Comparing prices of different commodities 10 years ago and now, the PTI chief said electricity was Rs2.13 a unit in 2008, while it had climbed to Rs 9.86 in 2018; wheat flour was Rs13 a kilo in 2008, while it had soared up to Rs 45 a kilo; milk was Rs25 a liter in 2008 and it had surged to Rs100 a liter now.

Imran Khan  rebuked the rulers for their involvement in graft. He said former prime minister Nawaz Sharif would send money to his two sons in London and likewise former finance minister Ishaq Dar also after stealing money from public exchequer sent it to his children in Dubai.

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He also mocked the PML-N for poor power show in Lahore on arrival of Nawaz and Maryam from London.

“The current popularity of the Sharifs can be judged by the fact that not even 5000 people gathered in support for him when the entire PML-N leadership was mobilised for it,” he said.

Soliciting participants of the rally for voting his party on July 25, the poll day, he said people should consider themselves in a battleground for the next nine days and should bring voters out for balloting.

“Nine days are left and I am telling you all it is your duty to mobilise fellow citizens and ask them to vote for bat.”

Read More: US dollar surges to ‘unprecedented’ Rs127.5

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