Posted on Mar 3, 2023
The proud Pakistani tradition of feeding the hungry is strained as food prices soar
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Posted 1 y ago
Responses: 2
PO1 William "Chip" Nagel good day Brother William, always informational and of the most interesting. Thanks for sharing, have a blessed day!
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PO1 William "Chip" Nagel
..."That's partly because the government in February raised taxes and trimmed subsidies on fuel and electricity as part of negotiations with the International Monetary Fund to resume a stalled bailout.
Those moves have already triggered more price hikes locally and are expected to push inflation up by more than 30% this year. The problem is, without a bailout, Pakistan could spiral into chaos.
Back in Faisalabad, 45-year-old Ghulam Nabi keeps an eye on cotton looms in a one-room factory. He's gaunt. His cheekbones protrude. His arms are bony.
He's piling up debt to buy food for his family and now owes $70 – his monthly wage – at the local shop. But somehow, Ghulam Nabi says, he is managing. "I work," he says, "I don't need free food."
At least for now."
..."That's partly because the government in February raised taxes and trimmed subsidies on fuel and electricity as part of negotiations with the International Monetary Fund to resume a stalled bailout.
Those moves have already triggered more price hikes locally and are expected to push inflation up by more than 30% this year. The problem is, without a bailout, Pakistan could spiral into chaos.
Back in Faisalabad, 45-year-old Ghulam Nabi keeps an eye on cotton looms in a one-room factory. He's gaunt. His cheekbones protrude. His arms are bony.
He's piling up debt to buy food for his family and now owes $70 – his monthly wage – at the local shop. But somehow, Ghulam Nabi says, he is managing. "I work," he says, "I don't need free food."
At least for now."
(3)
(0)
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