Inflation in Pakistan was recorded at 2.11% in April 2015, averaging 7.99% from 1957-2015 with a high of 37.81% in 1973 and a low of -10.32% in 1959. A 17% sales tax rate exists in Pakistan. Inflation causes problems like increased child labor and debt, though most disagree it directly causes child labor. To reduce inflation, Pakistan must increase its economy, stop foreign lending, boost industries, and increase foreign exchange through natural resources.
2. In economics, inflation is a sustained
increase in the general price level of
goods and services in an economy
over a period of time. When the price
level rises, each unit of currency buys
fewer goods and services.
Consequently, inflation reflects a
reduction in the purchasing
power per unit of money โ a loss of
real value in the medium of exchange
and unit of account within the
economy.
3. Inflation in Pakistan
The inflation rate in Pakistan was recorded at 2.11 percent in April of
2015. Inflation Rate in Pakistan averaged 7.99 percent from 1957
until 2015, reaching an all time high of 37.81 percent in December of
1973 and a record low of -10.32 percent in February of 1959.
Inflation Rate in Pakistan is reported by the Pakistan Bureau of
Statistics.
8.34 8.22 7.88
6.99
7.68
5.82
3.96 4.3
3.88
3.2
2.49
2.11
0
1
2
3
4
5
6
7
8
9
7/1/2014 10/1/2014 1/1/2015 4/1/2015
4. The Sales Tax Rate in Pakistan stands at 17 percent.
Pakistan Sales Tax Rate
6. Yes
78%
No
22%
Is inflation Really the
cause of child
laboring?
41%
59%
How can we help child
labors?
By band child laboring
By Finencially supporting them
7. According to the most of people due to
inflation these factors are effected
0
20
40
60
80
100
120
140
Sucides Debtors
Increasing
Decreasing
8. โข Pakistan it self is a debtor
of America to pay that
lone government is
increasing taxes which
results in Inflation.
People who agree this statement
Agree, 145
Disagree, 7
9. โข To reduce inflation we have to increase our
economy.
โข To reduce inflation we have to stop lending money
with other countries.
โข We have to make our country capable of fulfill its
expenses through its natural resources.
โข Industries are the backbone of any nation so there
must be increase in stable industries. So that export
rate can be increase.
โข By doing more foreign exchange it will also boost
our economy.
Conclusion: