Pakistan embroiled in economic crisis, Nawaz Sharif wore a cap worth Rs 1 lakh in election campaign, people got angry - Newztezz - Latest News Today, Breaking News, Top News Headlines, Latest Sports News

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Tuesday, January 30, 2024

Pakistan embroiled in economic crisis, Nawaz Sharif wore a cap worth Rs 1 lakh in election campaign, people got angry


The Rs 1 lakh cap worn by Nawaz Sharif has become a subject of controversy in Pakistan as the country is facing an economic crisis due to skyrocketing prices of basic amenities like fuel, electricity and food. Leaders like Sharif are busy in election campaign to get votes with unexpected expensive things.

Election campaigning is going on in Pakistan, which is facing a deep economic crisis and voting will be held here on 8th February next month. Former Prime Minister Nawaz Sharif is at the center of this election and it is believed that he can be the next Prime Minister of the country. However, during the election campaign, senior Sharif suddenly came into limelight. The reason for the discussion was his cap worth Rs 1 lakh.

Regarding Nawaz Sharif's expensive cap, it is being claimed in Pakistan's social media that the former Prime Minister wore a Gucci cap worth more than one lakh Pakistani rupees (PKR) during his recent rally in Nankana Sahib district of Punjab province. Was kept. This cap worn by Sharif not only became a topic of discussion among the people because it was expensive, but the stripes on the edge of the cap looked similar to the flag of Imran Khan's party Pakistan Tehreek-e-Insaf (PTI). Many people also pointed out the color of the stripes on the cap.

People struggling with poverty, Sharif's expensive hat

To point out the unexpected price of Nawaz Sharif's expensive hat of Gucci company, people also showed the receipt and invoice of the price on social media. The Rs 1 lakh cap worn by Sharif became a subject of controversy in Pakistan as the country is facing an economic crisis due to skyrocketing prices of basic amenities like fuel, electricity and food. Whereas leaders like Nawaz Sharif are busy in election campaign to get votes with unexpected expensive things.

According to a World Bank report, Pakistan's strong recovery after the Corona pandemic has stalled in FY 2023 due to large accumulated economic imbalances, a series of domestic and external economic shocks and continued delay in withdrawing the adjustment policy. It kept happening. Amid sustained rise in global commodity prices, global monetary tightening, recent devastating floods and domestic political uncertainty, there has been significant pressure on domestic prices, external and fiscal balances, exchange rates and foreign exchange reserves.

It was also told in this report that along with the decline in wages and job quality, inflation has increased significantly due to which poverty has increased, the purchasing power of the poor has fallen rapidly.

Sharif's party promises cheap electricity

However, this is not the first time that the former Prime Minister of Pakistan is embroiled in such controversy. Last year in 2023, Nawaz Sharif encountered a Pakistani woman while shopping at the expensive Harrods department store in London.

Ahead of the general elections, Pakistan Muslim League-Nawaz (PML-N) chief Nawaz Sharif, who has been living in a 4-year self-exile in London to return to his country in October 2023, unveiled the party's election manifesto on Saturday last week . In the manifesto, Sharif has promised to provide cheap electricity. Besides, 20 to 30 percent reduction in electricity bill has also been promised.

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