Chairman senate affirms inflation on higher level across country

PS:The Nation

Chairman of the Senate, Yousaf Raza Gilani, delivered a significant address at a summit in Islamabad, shedding light on the severe inflationary pressures gripping Pakistan. Gilani articulated grave concerns over the country’s economy, noting that inflation has reached unprecedented levels, marking a historical high. He stated that this surge in inflation has led to a notable decline in per capita income, attributing it to a lack of adequate investment within Pakistan’s economic framework.

In addition to the economic challenges, Gilani highlighted the alarming rise in various forms of crime, ranging from terrorism to robbery, car theft, and mobile phone theft. He acknowledged urgent need for comprehensive measures to address these security concerns, as they pose a significant threat to the stability and well-being of the nation.

Moreover, Gilani addressed Pakistan’s broader challenges, including both internal issues and regional dynamics. He stressed that among these challenges, environmental issues stand out prominently, with Pakistan grappling with the devastating impacts of floods, heavy rainfall, and rising temperatures. Gilani called for concerted efforts to mitigate these environmental challenges and safeguard the country’s natural resources and communities.

In a global context, Gilani stated the pressing need for attention to the ongoing conflict in Gaza. He asserted that ending this conflict should be a top priority for the international community, highlighting its significance in fostering peace and stability in the region and beyond.

Through his address, Gilani painted a comprehensive picture of the multifaceted challenges facing Pakistan, urging both domestic and international stakeholders to work together to address these issues and pave the way for a more prosperous and peaceful future.

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