Pakistan economic crisis: Former Research and Analysis Wing (RAW) chief Amarjit Singh Dulat has said that Prime Minister Narendra Modi may bail out Pakistan from its ongoing economic crisis at some point. With 30 per cent rise in the prices of essential commodities, Pakistan is in dire need of funds. Recently, the neighbouring country’s weekly inflation went above 40 per cent, posing as a threat of livelihood to common man. Prices of onions, chicken, eggs, rice, cigarettes and fuel among other commodities have shot up unprecedentedly.
‘No inside information, but it is my hunch’
The former Raw chief said that he feels that PM Modi may some time last this year bail out Pakistan from its economic crisis.
“Every time is the best time to talk to Pakistan. We need to keep our neighbours engaged,” he said in an interview to PTI video.
“In this year, my hunch is Modi ji will bail out Pakistan. No inside information, but it is my hunch,” Dulat said.
His statement comes after External Affairs Minister said that India will consider its people’s sentiments before extending a helping hand to the neighbouring country.
“…if I were to look at any big decision I am making, I will also look at what is the public sentiment. I would have a pulse what do my people feel about it. And I think you know the answer,” he said at Asia Economic Dialogue in the national capital organised by the External Affairs Ministry.
Inflation will continue to rise: Pak PM
Pakistan Prime Minister Shehbaz Sharif said that it is a matter of shame that a country, which is a nuclear power, has to beg for financial help. It’s getting embarrassing to ask for loans from friendly countries, he said. The Pak PM said that inflation will rise in the coming months.
Meanwhile, the rising inflation has affected people from all walks of life. Recently, an ARMY source said that military is unable to provide soldiers with timely meals.
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