Political chaos, economic crisis and security threats test Pakistan’s fragile state as the military seeks to retain control. In May 2023, Pakistan witnessed a staggering record inflation rate of 38 per cent compared to the same period the previous year. Over the past 12 months, the average inflation rate stood at 30 per cent, significantly impacting the affordability of daily essentials such as food and transportation for the poor and middle-class. The country's economy is teetering on the brink of collapse, attributed to years of financial mismanagement, natural disasters, and political turmoil.
Political chaos economic crisis and security threats test Pakistan’s fragile state as the military seeks to retain control In May 2023 Pakistan witnessed a staggering record inflation rate of 38 per cent compared to the same period the previous year Over the past 12 months the average inflation rate stood at 30 per cent significantly impacting the affordability of daily essentials such as food and transportation for the poor and middle-class The country's economy is teetering on the brink of collapse attributed to years of financial mismanagement natural disasters and political turmoil