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Faisal Vawda forewarns of potential inflation as Ramadan beginsBreaking

March 12, 2024

In a recent statement, former Federal Minister Faisal Vawda has highlighted the significance of the next 15 days in determining the performance of the federal government. Speaking to a private TV channel, Vawda expressed his views on the current political landscape, emphasizing the need for accountability and suggesting potential changes in laws related to it. Vawda remarked on the challenges faced by the PTI government, stating that it was not only formed in Pakistan but now needs to be established on the moon due to limited space. He noted the impending strict accountability starting on May 9, signaling a potential shift in the political dynamics. Drawing attention to the provinces, Vawda humorously referred to Mulajt, Paris, Starplus, and Buzdar two, with a nod to Einstein, indicating a varied and complex political landscape. The former minister shifted his focus to economic concerns, particularly with the onset of Ramadan. Predicting a rise in inflation, Vawda urged the public to brace themselves for escalating prices during the fasting month.

He emphasized that the prices of essential items for the poor would likely double by the 15th fast, serving as a litmus test for the government's performance. Vawda clarified that when he spoke about the government's movement, he was not referring to elections but rather the strategic maneuvers in politics. He likened democratic politics to a game of chess, where leaders give a pat, pull back, and eventually say, "let's go." Closing his remarks, Vawda hinted at the upcoming challenges for the federal government, including the budget, IMF program, and privatization efforts. These factors, he suggested, would further shape the trajectory of the government in the coming days. As the first fast of Ramadan approaches, Vawda's cautionary words serve as a prelude to potential economic challenges, raising questions about the government's ability to navigate through them in the next 15 days. The nation awaits to witness how the federal government will address these issues and steer the country forward.

Credit: Independent News Pakistan (INP)