PTI Press Release on Historic Inflation – 31 Aug 2023

Worse inflation across the country, nationwide protests against electricity bills, uncontrollable flight of the dollar and stock market crash

• Pakistan Tehreek-e-Insaf's demand for accountability of the key players of the regime change conspiracy responsible for the economic disaster in the country.
• Those who are responsible for the upheaval of the economy and the people are the conspirators against the elected democratic government.
• Prime Minister Imran Khan's government has protected the people from the storm of inflation despite the corona epidemic, global inflation, the highest oil prices in the world market and the strict conditions of the IMF.
• Due to the effective economic policies of Prime Minister Imran Khan, the economy was on the path of growth at an annual rate of 6 percent, while all economic sectors, including exports, agriculture, remittances and collection of taxes, were on the way to improvement.
• Prime Minister Imran Khan and Finance Minister Shaukat Tareen had informed the planners of the regime change conspiracy in time about the sensitivity of the economy.
• Prime Minister Imran Khan had clearly warned that if the economy, which was managed under very difficult conditions, was destabilized, the situation would become uncontrollable.
• Unfortunately, as a result of conspiracies, the constitution, democracy and economy have suffered the worst night of bloodshed in history.
• Incompetents and criminals were given freedom to commit economic massacres of the people.
• In the last 16 months, unemployment has reached a record level of 75 years.
• In these 16 months, more than 2 crore people were pushed below the poverty line.
• Inflation rate increased from 12.2% to the highest level of 38%.
• Inflation of food and drink has increased from 14.8% to an unimaginable 50%.
• In 16 months, additional burden of debt of 20 trillion rupees was put on the country.
• In terms of exports and remittances, a total of 8.3 billion dollars was lost in one year.
• Today Rs 150 per liter petrol is being sold at Rs 291 per litre.
• During the Tehreek-e-Insaf era, the price per unit of electricity, including all taxes, was Rs 16.
• After 16 months of criminals' rule, today a unit of electricity has reached an unaffordable level of 50 rupees on an average and it is continuously increasing.
• Instead of managing the rapidly collapsing economy or reducing the burden of historical inflation from the people, attempts are being made to deny the truth through cruel and unconstitutional censorship on the media.
• The entire nation is protesting against the unimaginable economic destruction at the hands of the actors and remnants of the regime change conspiracy.
• Instead of paving the way for an effective solution to the crisis through the vote of the people, the seriousness and complexity of the issues are being increased through unconstitutional and undemocratic efforts.
• Instead of promoting an unconstitutional and undemocratic plan, the Election Commission should ensure the transfer of powers to the government with a public mandate through transparent elections within the constitutional period of 90 days.

Spokesperson Pakistan Tehreek-e-Insaf

By: Central Media Department