Times of Islamabad

Rupee depreciation and inflation: CJP Justice Saqib Nisar strong response surface

Rupee depreciation and inflation: CJP Justice Saqib Nisar strong response surface

ISLAMABAD – Chief Justice of Pakistan Justice Mian Saqib Nisar has hit outat the government over the recent rupee deprecation and the prices hike bythe PTI government.

He on Wednesday expressed concern over the depreciation of Pakistani rupeeagainst the US dollar.

A three-member bench of the Supreme Court headed by the chief justice hearda suo moto notice pertaining petroleum prices and the imposition ofadditional taxes.

During the hearing, the chief justice lamented on the devaluation of thePakistani rupee, saying that the economic situation is not ideal these daysand inflation is rising while rupee is depreciating. “People are worried atthis inflation. The taxes on petroleum products have increased manifold,”CJ Nisar remarked.

The chief justice asked that on what basis is the PSO managing directordrawing a salary of Rs3.7 million. He directed that the government informsthe bench regarding the basis on which the PSO MD was paid a salary ofRs3.7 million. “Nobody else in Pakistan must be drawing this much salary,”he added.