Maryam terms people being crushed under weight of rising prices

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16 May, 2019 10:44 pm

LAHORE (92 News) – Pakistan Muslim League-N (PML-N) vice president Maryam Nawaz termed on Thursday that people have been getting crushed under the weight of rising prices, increase in bills and shrinking incomes in ‘Naya Pakistan’.

The daughter of former prime minister Nawaz Sharif took her twitter and said, “She strongly felt for the masses and the misery brought upon them by the ‘fake government’ in the last nine months.

“Strongly feel for the masses for the misery brought about by jaali government in the last 9 months. People have been crushed under the weight of rising prices, increasing gas & electricity bills, joblessness & shrinking incomes. Everything looks bleak. #BringBackNawazSharif,” she tweeted.

Maryam Nawaz said that Pakistan has become Asia’s worst performing currency and stock exchange, adding that it was quite a dramatic fall from grace under the tenure for former prime minister Nawaz Sharif when rupee was stable and stock market was among the best performing in the world.

In another tweet, she said, “If anyone had any doubt about Naya Pakistan – no need to go further than the daily bloodbath at the stock market & the battering of our rupee in the currency market.”

“As if Pak Rupee freefall was not ironic enough,people put in place to control it are those who’ve been imported recently to devalue the currency&decrease our GDP growth. The impact of today’s devaluation- only the foreign debt has gone up by 666 billion Rs,” Maryam Nawaz also tweeted.

Maryam Nawaz’s tweets came after the US dollar touched an all-time high of Rs147 in the interbank market, a day after bouncing back to Rs144 in the open market.

The latest depreciation in the rupee came following Pakistan’s agreement with the International Monetary Fund (IMF) securing a $6 billion bailout on Sunday.

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