Pakistan is the 13th most expensive country in the world : Inflation

All records of inflation in the country were broken, inflation in Pakistan became more than that of bankrupt Sri Lanka

Lahore : Pakistan has been declared the 13th most expensive country in the world . According to media reports, a list of countries most affected by inflation has been released worldwide , in which Pakistan has been declared as a country with higher inflation than the bankrupt Sri Lanka .

It has been said that according to the report of the website called Trading Economics, the inflation rate in Pakistan has become higher than that of Sri Lanka , which has gone bankrupt . According to the report, in the list of countries most affected by inflation in the world , Sri Lanka is at the 18th place, while Pakistan is at the 13th place in the list.

According to the report, inflation is under control in other South Asian countries, especially India and Bangladesh, compared to Pakistan and Sri Lanka .

India ranks 152nd with 3.84% while Bangladesh ranks 111th in the list of inflation -affected countries with an inflation rate of 9.09% . According to the report, with an inflation rate of 352 percent, Lebanon is the country most affected by inflation in the world . While China is the cheapest country in the world in terms of food inflation with 0.4 percent . It should be noted here that in the month of April, the decades-old record of inflation in the country was broken.

According to the report of the Federal Bureau of Statistics, the inflation rate exceeded 36 percent in the last month. The inflation rate in April was 36.4 percent, which is the highest monthly inflation rate since 1964 . According to the data released by the Federal Bureau of Statistics, inflation recorded an increase of 2.41 percent in April . According to the report, the average inflation rate from July to April was recorded at 28.23 percent .

Government's announcement to make petrol and diesel cheaper : Islamabad

Petrol 12 rupees, high speed diesel 30 rupees cheaper, kerosene and light speed diesel have also been reduced by 12 rupees, the new prices will be applied from 12 pm tonight.

The government has announced to make petrol and diesel cheaper, petrol by Rs 12, high speed diesel by Rs 30, kerosene and light speed diesel have also been made cheaper by Rs 12. The new prices will be applicable from 12 pm tonight. According to the details, Federal Finance Minister Ishaq Dar announced the new prices of petroleum products after the approval of Prime Minister Shahbaz Sharif .

The Finance Minister has announced that the prices of all petroleum products have been reduced from May 16. According to the notification issued by the government, the price of petrol has decreased by Rs 12 to Rs 270 per liter, while the price of high speed diesel has decreased by Rs 30 per liter to Rs 258 per liter. The new price of light speed diesel has been reduced by Rs 12 to Rs 152 68 paise per liter while the new price of kerosene has been fixed at Rs 164 07 paise per liter after a reduction of Rs 12.

The new rates will be applicable from May 16 to May 31. Earlier, the oil industry sources had indicated the possibility of a reduction in the price of petrol by Rs 17 per liter across the country from May 16. According to Jang newspaper, the oil industry sources indicated the possibility of a decrease of Rs 27 in the price of diesel . Oil industry sources said that the price of petrol will decrease due to the falling price in the global market . While the Oil and Gas Regulatory Authority (Ogra) also suggested the government to reduce the prices of petroleum products. OGRA has sent a summary to the federal government regarding the reduction in the prices of petroleum products, in which it has been suggested to reduce the price of petrol by Rs 7 to Rs 10 per liter and the price of diesel by Rs 8 per litre.