Pakistan's economic situation seems to have worsened after the pahalgam terrorist attack. In fact, in 2022, it came out of the brink of default with multiple loans from the international Monetary Fund (IMF), and in march 2025, the IMF approved a loan of $ 2 billion. In this context, comments were heard that Pakistan's economic recovery was showing signs. However... After the indian government took tough diplomatic measures after the pahalgam terrorist attack in Jammu and Kashmir.. there was a discussion that the economic recovery may be stalled as pakistan is likely to face a severe economic crisis.
Yes... It is known that the indian government has responded strongly after the pahalgam terror attack. This includes... suspending bilateral trade with pakistan, canceling visas under the SAARC Visa Waiver Scheme, and suspending the Indus Waters Treaty. These measures are said to put further pressure on the already struggling Pakistani economy. It is said that inflation, which has recently declined, may rise again. At this time, the Central bank of pakistan has estimated that the country's average inflation for the financial year ending june 2025 will be between 5.5% and 7.5%.
According to current reports, the prices of basic food items like rice, vegetables, flour, chicken, and fruits have increased sharply. As part of this... media reports reveal that the price of rice has increased to Rs. 340 per kg and the price of chicken to Rs. 800 per kg. In addition, the recent World bank report that more than 10 million people in pakistan will face severe food insecurity and hunger this year, adds to the concerns.

Pakistan actually exports a large amount of essential fruits, vegetables, poultry feed, and dried fruits from India. However, India's suspension of trade in the wake of the recent terror attacks has led to a shortage of these items. As a result, it is said that the daily lives of ordinary Pakistanis will further deteriorate.
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Sowmiya Sriram

30/04/2025 11:17 AM