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The upsurge of inflation is due to energy shortage in Pakistan. Number of people living below poverty line is increasing due to unemployment and inflation, both of which are by-products of energy crisis.
As the high production cost decreases rate of output, the exports of Pakistan are continuously declining. Our trade deficit is increasing which eventually will result in unstable economy. Like industry, agriculture is heavily dependant upon electricity and oil. Our crop production has failed to achieve its target and this failure led to the creation of another crisis, which is ‘Flour Crisis’...
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