Ex-finance minister feels for common persons

By: News Desk      Published: 01:05 AM, 28 Jan, 2021
Ex-finance minister feels for common persons

Former finance minister Dr Hafiz Pasha has warned that the increase in prices of electricity and oil in the international market will add to common persons’ problems in six months.

Speaking at a 24NewsHD programme on Wednesday, he dubbed the next six months worst ever for the common persons of the country.

The inflation rate will reach 10 per cent in six months if the surge in oil and electricity prices in the international market continue going up, the ex-minister warned.

Like other parts, the country has severely been affected by the coronavirus spread. Experts have been struggling for balancing between life and livelihood. Micro, small, and medium-sized enterprises (MSMEs) are being dubbed as the major victims and continued increase in prices of oil and electricity are adding fuel to fire in case.