The Awami National Party and Jamaat-e-Islami party of Pakistan staged a protest against the inflation and insecurity.
Thousands followers of both parties staged protest against the inflation and insecurity in Peshawar of Khyber Pakhtunkhwa. While the protesters were carrying banners with quotes of criticizing the government for not correctly handling the country economy situation, were asking the government, to step up for resolving the inflation and insecurity issues of this country.
The Pakistan government has tried to stabilize the economy by reining-in imports and decades-high inflation. But fast-depreciating currency has made imports more expensive, while consumer prices saw a 25% year-on-year rise in the first half of the current fiscal year.
The measures were prompted by the dire straits in which Pakistan’s economy has been mired for years. International markets fear the country of 230 million people may be poised to default on its national debt repayments for the first time in decades. If that happens, there’s concern it could trigger a complete economic collapse of the national economy, and even large-scale social unrest.
