PM Khan likely to take the nation into confidence on impact of global inflation

ISLAMABAD: Prime Minister Imran Khan is likely to make an address to the nation soon to shed light on the impact of global inflation on Pakistan’s economy.

According to well placed sources, the premier’s address will be in the context of the effects of global inflation on Pakistan. However, the sources say the exact time of the address to the nation is yet to be finalised.

The sources further added that geopolitical tensions in the wake of the Ukraine-Russian conflict could have an impact on the global as well as inflation in Pakistan.

“During the last one week, oil and wheat prices in the international market have surged by 12-15%; meanwhile global insurance companies have raised war surcharges on shipping companies,” the sources said.

They warned that the ongoing geopolitical situation could lead to a new wave of inflation around the world.

PM summons session of economic team

Meanwhile, Prime Minister Imran Khan has summoned an important session of the economic team before his address to the nation, citing sources.
The Prime Minister Imran Khan will chair the session of the economic team at Bani Gala today. The economic team will give a briefing to the premier regarding the current scenario.
After holding consultations, PM Khan will address the nation. The economic team members have been directed by the Prime Minister Office (PMO) to stay in Islamabad.

The premier is likely to address the nation in view of the expected impacts of global inflation on Pakistan.

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