Pakistani professionals struggle with higher costs as economy teeters

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KARACHI, March 24 — Naureen Ahsan earns more than twice the average wage in Pakistan, but the school administrator says she has no choice but to homeschool her daughters and...

KARACHI, March 24 — Naureen Ahsan earns more than twice the average wage in Pakistan, but the school administrator says she has no choice but to homeschool her daughters and delay their London-board certified final exams because she can’t afford their education.

“We don’t eat out any more,” Ahsan told Reuters. “We no longer buy meat, fish. I’ve cut down on tissue paper and detergent. We don’t see friends, we don’t give gifts. Occasionally, we scream at each other.” “Unfortunately the poor in Pakistan are left with nothing to lose,” said Abid Suleri, the Sustainable Development Policy Institute of Pakistan, an economic think tank. “Educated professionals... find their purchasing power and savings eroded, and daily consumption either unaffordable or out of reach.”

 

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