Republicans plan wealth redistribution favoring rich Americans

Mian Zahid Hussain, a prominent Pakistani business leader, criticized the ongoing inflation in Pakistan, stating that despite recent reductions, the public is still not experiencing relief due to middlemen's greed and profiteering. He emphasized that traders have faced significant losses during Ramadan and Eid because of reduced purchasing power among consumers. Hussain called for a coordinated government strategy to combat the challenges posed by a profiteering mafia, which he claims is exacerbating the situation for ordinary citizens. He noted that while inflation is decreasing globally, Pakistan is lagging behind, leading to increased hardships for the populace. Hussain's remarks highlight the ineffectiveness of the current price control system and the need for better competition to alleviate these economic pressures. He urged the government to take decisive action against the entities responsible for artificial shortages and price manipulation.