Assalam o Alikum
Hello Hive community hope you are doing well also enjoying their healthy life there. today the topic given to us on #hivelearners is that what is cost of living we pay to live in our country. i shared with you that i belong to a south Asian countries. i belong to the "ISLAMIC REPUBLIC OF PAKISTAN" as declared one of the Muslim state in South Asian region. In Pakistan from last seventeen years the form of the Government was democracy. In Democracy Government Collects revenue in different forms of Taxes from General public to provide them basic necessities of life and also built the structure different sectors of the Economy of Country to grow.
In Pakistan due to some corrupt politician and some black sheep's in the Bureaucracy make the system weak and the poor the country's economic conditions as well. there is one another factor behind this poor economic conditions of the Pakistan is that the country is facing political instability. due to political instability in Pakistan along with corruption all economic factors performance is poor. they did not contribute to Gross domestic product of the Pakistan as much as they should be. from last seventeen years country faces high inflation rate. due to high inflation rate our cost of production is relatively high comparing to other countries in neighborhood. from last three years inflation rate Pakistan is increasing rapidly. Inflation rates breaks all records of in the history of Pakistan when it was above 40% last year in 2023. in this economic recession our local industry is destroyed and closes all business in losses.
it becomes the reason of big issue of the Unemployment. In years of 2022 to 2023 a huge number of industries closes their business operations and millions of the employees got unemployed. there is another big issue in the economy of Pakistan that is the poor knowledge of the technical education. due to lack of technical education pakistani labor is unskilled and didn't earn much to contribute in their life also in the Gross Domestic Product of the Economy of Pakistan.
In Democracy obligation to collect taxes from rich people from their income from different sources and to spend on their poor people of the country. so in Pakistan due to some corrupt politicians established links in beaurucracy and make the the corruption by using illegal means and ways, looted the resources of the country and become more richest day by day, and the poor people become more poor due to this injustice day by day. Pakistani Government failed to provide the basis needs of life to the Pakistani society and there is lack of road infrastructure in the country. Industrial sector conditions is at worst condition of the time ever in history. Due to High Inflation rate local industry structure collapsed and millions of people loosed their job. these millions of persons whom looses their job also increased the unemployment level which is also increasing previously. this rapid increase in unemployment makes the condition worse of residents of country and also increase the cost of Living in the Pakistan.
It is difficult to live and survive in Pakistan due to the political, Social and Economic Conditions of Pakistan. there is very much high cost of living in Pakistan comparing to the countries in neighborhood.
In the Contrary situation in other regions of the world, like other south Asian Countries, Gulf Countries, European states along with continents like Australia , America and Canada cost of living is very low comparing to the Cost of living in Pakistan. Because In These states Government provides basic needs of Life and protect the rights of their public and ensures their their basic needs as well. so the living standards of these states are relatively hight than Pakistan.
if i had chance to move in these states. i said no because Pakistan is my country and motherland to myself. i would like to take part in the correction of these errors that became the reason for high cost of living the Pakistan. I think its my land and i should take some measures to correct these issues and help our society to take back to the road map of success. we should take steps against these political and bureaucratic goons and take special measures to correct the system. we should take serious the issues of Technical Education Failure. we cop the Technical education sector as per the standards of the Developed world countries. it is our obligation to choose the right position for representing our general public and take special measure for the improvement of the economical conditions. Government should regulate justice in society and control the prices of the Basic necessities of the life.
Links to my latest Posts.
https://ecency.com/hive-108045/@rai-humair/cherished-memories-my-daughter-s
https://ecency.com/hive-163772/@rai-humair/mountain-mates-a-tale-of
https://ecency.com/hive-153850/@rai-humair/eager-to-learn
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