The
axe on the poor
This refers to the editorial, ‘Falling rupee’
(May 18). All that we have learnt in the past nine months is that PM Imran Khan
and his people do not know anything about economics and governance.
He should have known that devaluation only
increases the cost of imports and does not result in increased exports. The
prices of petrol, gas, electricity and essential items are bound to go through
the roof. Of course, Imran Khan and his ministers will not be affected, as they
are among the elite. It’s the middle class and the poor who will be most
affected.
Shakir Lakhani
Karachi
The News, May 20, 2019
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