Pakistan’s more than 220 million people were spared the worst of the coronavirus pandemic’s initial economic shock, thanks in part to the government’s policy of shorter, looser lockdowns, the Financial Times noted.
But they are now facing a new crisis: inflation has surged to the worst level in years, with an index tracking everyday essentials such as fuel, food and soap last week rising above 18% year on year.
Read the full report: Financial Times
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The post Pakistan’s Economic Pain Poses Political Headache: FT appeared first on Asia Financial.
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