Shoppers in Pakistan Suffer From High Prices Before Ramadan
With Ramadan around the corner, shoppers in Pakistan are feeling the bite of high prices.
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00:00 With Ramadan around the corner, shoppers in Pakistan are feeling the bite of high prices.
00:07 An ongoing economic crisis has left inflation in the country hovering at 30 percent for
00:12 months.
00:13 The U.S. $3 billion bailout program expires next month, leaving the country's newly formed
00:19 government to enter tough renewal talks.
00:21 But some are worried political instability is threatening economic recovery.
00:26 "The inflation rate is increasing compared to last year.
00:31 As everyone knows, Ramadan is coming.
00:34 In Ramadan inflation shoots up and people are worried about this.
00:39 Inflation should be reduced.
00:41 Now a new leadership has come, let's see what it does.
00:45 Let's do something about it.
00:47 Let's see.
00:48 The people need relief."
00:48 (audience laughing)