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Hyper-Inflation in Zimbabwe, Bread worth 1 Crore Zimbabwean Dollars
 
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Old 16-06-2008, 03:23 PM
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Hyper-Inflation in Zimbabwe, Bread worth 1 Crore Zimbabwean Dollars

Lets pray with our heart and soul to the Almighty for the safety, security and economic prosperity of our home land - Pakistan .


Zimbabwe is facing situation of hyper-inflation, this kind of inflation is seen first time in the world. Economists are unable to find its remedy...whether Pakistan is also heading to this way?




Now, please pray for our sacred home land PAKISTAN .
May the Almighty protect it from all kinds of hazards and protect it from political and financial instability.
May Allah protect us from imported politicians and economists; and grant us the courage to make our decisions ourselves.
May the Almighty protect us from enemiesin the shape of friends! Ameen!!
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Old 17-06-2008, 04:52 PM
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HARARE, Zimbabwe, — How bad is inflation in Zimbabwe? Well, consider this: at a supermarket near the center of this tatterdemalion capital, toilet paper costs $417.

No, not per roll. Four hundred seventeen Zimbabwean dollars is the value of a single two-ply sheet. A roll costs $145,750 — in American currency, about 69 cents.

The price of toilet paper, like everything else here, soars almost daily, spawning jokes about an impending better use for Zimbabwe's $500 bill, now the smallest in circulation.

But what is happening is no laughing matter. For untold numbers of Zimbabweans, toilet paper — and bread, margarine, meat, even the once ubiquitous morning cup of tea — have become unimaginable luxuries. All are casualties of the hyperinflation that is roaring toward 1,000 percent a year, a rate usually seen only in war zones.

Zimbabwe has been tormented this entire decade by both deep recession and high inflation, but in recent months the economy seems to have abandoned whatever moorings it had left. The national budget for 2006 has already been largely spent. Government services have started to crumble.

The purity of Harare's drinking water, siphoned from a lake downstream of its sewer outfall, has been unreliable for months, and dysentery and cholera swept the city in December and January. The city suffers rolling electrical blackouts. Mounds of uncollected garbage pile up on the streets of the slums.
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Old 17-06-2008, 05:00 PM
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Old 24-06-2008, 12:33 AM
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In my opinion the inflation in Zimbabwe is partly due to its leader opposing western advices and wants to rule the country by his own rules, one can do anything as long as one is not Dependant on others for running their country,

Self sufficiency is the key to control and export is the life line of a country, this life line will make people healthier if the country has the finished goods other want, goods such war machines etc.

If I am not wrong he derailed elections, kept results secret for long time, that only works if u r a charismatic leader and people feel that no body can replace u and that u have done tremendous job for the people, but Zimbabwe leader is far form it, so he will not only be in trouble with his own , he would be with rest of the world too.

Pakistan needs same aas any other country, A charismatic leader who would take Pakistan to stars.
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