Pakistan – An Economic Hell

PKR touching historic lows – 283.50/USD (SBP)
PKR/USD – 23 April 2023 – 186.75 – (51% up)
Liquid Foreign Exchange Reserve – $4.43 billion (SBP)
In the range of historically all-time low levels
Inflation (CPI) – historically high – 35.37% (March 2023) (SBP)
Highest CPI since July 1965
Food Inflation/Sensitive Price Index (SPI) – 47.23% (PBS) – weekly inflation
GDP per capita income – 2021-22 to 2022-23 – to go down (The World Bank)
From USD 1,613.8 in 2021-22 to USD 1,399.1 in 2022-23 (13.3% down)
Poverty rate – 37.2% (2021-22) – 3 million more poor than 2018 (The World Bank)
21.1% adults – without primary education (The World Bank)
GDP growth rate – massive decline – 2021-22 (6% up) (SBP)
2022-23 – IMF (0.5% – 91.66% down) – The World Bank (0.4% – 93.33% down) / ADB (0.6% – 90% down)

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