Pakistani locals: Next federal budget 'will fall on us like a bomb'

DW (English)

Despite a slowdown in inflation, prices continue to soar in Pakistan. How are Pakistanis perceiving the government's new monetary policy amid economic challenges?

Transcript

00:00I have to pay the bills, pay the kids' fees, pay the rent, there are 10 other things.

00:13What can a person do? Where can a person go?

00:15The kids' courses are so expensive, medical is so expensive, how can a person pay for it?

00:20A person earns Rs. 1500 a day, how can he pay for his daily expenses?

00:25Now tell me, what is going to happen in the new budget?

00:29There is a missile, let's do one thing, let's kill it on us.

00:44There will be a lot of difficulties, there are still a lot of difficulties.

00:49How will a person fulfill the demands of the kids?

00:53And once again, the budget is going to explode on us.

00:56How will we manage it? I have to run the kitchen, I have to go shopping.

01:02Where one person is going to earn and four are going to eat, it is very difficult.

01:06Similarly, our budget is a deficit budget.

01:23What does a deficit budget mean?

01:25There are already a lot of expenses and there is less income.

01:29When there is less income and a lot of expenses, how can you expect relief from it?

01:33And the third thing is that you have to go in the program.

01:36And you have gone in 24 programs, you have done the most programs in the world.

01:40So you don't expect relief at the cost of electricity, you don't expect relief at the cost of gas,

01:44you don't expect relief at the cost of petrol. In fact, the taxes may increase.

01:47The shopkeepers are sitting idle, the customers' expectations are very bad.

02:01The customer is not here, the position is very low in terms of work.

02:05If people wait according to the budget, then as soon as the budget is presented,

02:08it is not that the cost will go down.

02:10The rates of things will remain at their place.

02:12Now let me give you an example that the rates of flour have come down.

02:16If you go to the bakery to buy biscuits, it is expensive at its place.

02:19The rates have come down.

02:21The shopkeepers are also worried.

02:46For more UN videos visit www.un.org

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