Party parliamentarians Haider Abbas Rizvi and Faisal Sabazwari told media in Karachi that MQM had been forced to leave the government benches because of mounting corruption and galloping inflation
Since the delay in starting the Bhasha dam has already resulted in increased cost, it is imperative to expedite the construction of the dam, as any delay could escalate the cost because of the galloping inflation
While the suggestion may look rosy on paper, in reality it is more likely to accelerate galloping inflation
in the aftermath of these floods.
Somehow or the other, the government employees were sure that the commission's recommendations would throw up some sort of panacea for the ills of a galloping inflation
Indeed, more than the success or failure of the cut motion, it is crucial that Parliament takes stock of galloping inflation
, particularly food inflation.
Though sales have slowed, buyers still must wait months to obtain vehicles, which appreciate in value over time due to galloping inflation
that reached 31% last year.
New agricultural products like maize that widely enter to the market have also put pressure in stabilizing the galloping inflation
. Beyond the decline on the major food items, the cost on some public services such as transport has also lowered prices due the global decline in oil price.
"The risk of galloping inflation
as a result of higher primary commodity prices has been considerably overestimated.
Today, sadly, it is in a shambles - there is rampant poverty, galloping inflation
and massive unemployment.
For instance, at a time when galloping inflation
is a big concern, the new government has failed to even move half a step towards protecting the poorest of the poor among Pakistani consumers.
Gulf oil producers are looking for ways other than revaluing their dollar-pegged currencies to bring galloping inflation
That breaks the strict currency laws of Zimbabwe, which has galloping inflation