Pakistan is the cheapest country in the world to live in

Pakistan has been declared as the cheapest country in the world, the World Statistics report said that daily items, food and accommodation make Pakistan the cheapest country.

World Stats website declared Pakistan as the cheapest country in the world, the cost of living, utility items, housing including rent is low in Pakistan, while daily goods, food, purchasing power of local people make Pakistan the cheapest country in the world. .

The report said that in March 2023, the world’s largest database also declared Pakistan as the cheapest country, Pakistan has been consistently ranked as the cheapest country by various organizations and companies.

The World Stats website said that Pakistan is one of the countries whose residents have better living facilities. According to global statistics, the inflation rate in 2022-23 is as follows, 398 percent in Venezuela, 252 percent in Syria, Lebanon has 139% inflation while Turkey has 47.83%, Egypt 36.5% and Pakistan 26.89% inflation.

According to the report, despite several economic and political challenges, Pakistan was able to adopt economic growth, the government of Pakistan’s control of inflation to a manageable level is commendable.

WorldStats said Pakistan’s economic situation is showing signs of further improvement, with a $3 billion standby arrangement from the IMF as one of the effects.

Pakistan has made considerable progress in various sectors with IT, foreign investment, positive trends have been seen in remittances, stock exchange, exports in the last 2 years, including Pakistan’s GDP, increase in wheat production, CPEC project, exports. , shipping included.