Imran Khan slams 'incompetent' govt over rupee depreciation, inflation rise.

ISLAMABAD -- Pakistan Tehreek-e-Insaf (PTI) Chairman and former prime minister Imran Khan has slammed the 'incompetent' government over rupee depreciation and the rise in the inflation rate, media reported on Saturday.

Imran Khan said in a Twitter message that the US dollar stood at Rs178 on March 8, 2022, when the vote of no-confidence was tabled. He said that US dollar has reached Rs250 under the incumbent government.

The former prime minister said that the inflation stood at 16.5% on March 8, 2022 but it has spiralled to 38%. Criticising the current rulers, Khan said, 'Not only is this imported govt made up of crooks but it is thoroughly incompetent too. Question is who is responsible for this mess?'

Yesterday, inflation measured through the Sensitive Price Index (SPI) posted a hefty increase of 3.68 per cent for the week ended on July 28, according to the data released by the Pakistan Bureau of Statistics (PBS).

The overall inflation rate in the country has reached 37.67 per cent after weekly inflation surged by 3.68 percent driven by a sharp rise in the prices of essential items.

During...