searches for the truth again, this time the exile to turkish journalist meets svetlana, tihano, sky, exiled leader of the opposition and bella roost, of course, and tide. and tad physically untied. morally, it's too much on my shoulders, but i have to hold this way because i'm responsible for the future of our country for the people far behind the boss gardens of truth starts february 18th on d. w. this is due to the news of asia coming up to date, pakistan's financial rose sergeant prices have left many parties thought he's unable to afford even basic food items. it's leading to situations like these across focused on cities that are the would have to queue up for 2 or 3 hours in line to purchase, subsidized flowers, irregular prices around affordable. there is no electricity,

but we get bills. it is not gas, but we get large bills focused on spend. it's hopes on funding from the i m f. but how did the country get to the situation? ah i british manager, welcome to the dublin news asia. glad you could join us. pakistan is facing its worst economic crisis in years. runaway inflation and low foreign exchange reserves are contributing to the misery factors that lead to sri lanka meltdown last year. though, pakistan's not there yet, it's teetering on the edge. hughes like this one are becoming the norm. people wait in line for us to get subsidized flaw a staple in pakistan. many simply can't afford the usual foodstuffs to feed their families, which is why to sir, is hoping to unlock more than

a $1000000000.00 in funding from the international monetary fund or the i a murph. but here's how pakistan's economic crisis is directly affecting its people. it was our other would have to queue up for 2 or 3 hours in line to purchase subsidized flower that the regular prices are on. affordable healthcare, madeline about their yard inflation is gone crazy. that price is increasing and the situation in the country is getting worse. gasoline, there is no electricity, but we get bills. there is not gas, but we get large bills as a year. but then we were able to buy groceries for a 1000 repeat. but now we can only buy a few things with that same amount. that is anyone to drive home just how much of a sticker shock people are experiencing. let's take a look at just onions. now, it's a staple of the se, and diet cheap and tasty. an acord ingredient from most dishes. over the past year in pakistan, the price of onions has increased over 500 percent. that

kept more context on this and john, buddy doubled reporter venus java in their studio in each welcome. what does this singular increase in the price of onions see about darkest ons, economic crisis release for economic crisis if hitting people where they feel it. pakistan use use onions, for instance, for the omelettes and breakfast for their goodies in lunch, and for dinners for their salads. any when the borders of the poor, who have, who kind afford to eat anything eat when day. we'll have our bees of onion with a piece of bread. so onion is something that's extremely important for pakistan his foot. and imagine our daily bit owner, who aren't less than 5 years a day. now, he has to be um, almost a euro for a killer of onions. and before the graces had hit people in pakistan,

good by onions for less than quarter of a yodel. i've spoken to women and mark is down and they say they have no option, but to find ways to cook without onion. an onion is something that poor families in pakistan would use to increase the quantities of goodies so that every one will have on food on the plates. but unfortunately, just the increase in brace of onions has badly impact it and disturb the budget of an average household in pakistan. as you are saying it's, it's not just about amens or in the entire groceries budget has been impacted. we spoke to a woman in karachi, her husband fact, and this is what she had to say to us. our sub the are the price of vegetables and fruits has gone up. now we spend the same amount of money and vegetables for only $2.00 days that we used to spend on vegetables. for 10 days, the acres get 80, especially the prices for onions and tomatoes. robin has gone really high will

upset be as completely disrupted our budget and yoga agenda. the budget is what you were talking, roberta vinnish, i mean this arrangement, rearrangement rather of the budget must be essentially sound and death knell for middle class families and their plans and particularly for portal families, this must be catastrophic. be there, she has thought, middle class is definitely shrinking. they are badly impacted, but the board of the country has been burst like, have been badly hit on. so for instance, pakistan is also a country. we don't, we have to remember that just last year and it was hit by catastrophic flats. and those floods impacted mostly the poor families of the country are almost 33000000 people were impacted. 8000000 at out 8000000 people were displeased and even now millions are without homes. and these families are from ruler ears of pakistan. an before floats,

at least there were south sufficient. they had that on agriculture land. they had their own might houses. so they were able to sustain themselves, but now their land agriculture land is under water. their homes have been banished . and the un says bach isn't already has more than 30 percent. people who live below poverty line. and now you and fears that unless rehabilitation efforts are not made, recovery efforts are not made an additional $9000000.00 marcus anees could be pushed into poverty. so yes, definitely floods impacted, but the current economic crisis has worse than the situation for board of the country. so the poor could become porter, the price of onions is gone up, it is on affordable for poor families, in particular is a shortage of wheat, again, impacting poor families and the price of fuel has also gone up. i mean, it just sounds like doom and gloom. i wonder how pakistan is reacting to this. so and ask a couple of days after speaking to some political commentators in the country of

speaking to common people in the country. and i have never seen in such pessimism before that is, it seems like there is not just under government and, and it is a consensus among people that oil politicians are looking for it if their own political gain and they do not get for didn't want country and they believe that the economic or political crisis of the country has the worse and economic crisis last year when em ran, hans government was ousted to annoy confidence war. he has been out on the streets, protesting against the government, demanding an early election. and the guiding government was also not able to take a deficient, not able to make choices, that stabilized for economy. and when you look at the people that are people who can't afford rent any more, people are forced to, ah, take out the children from expensive school and found them to cheaper schools. they are unable to export transportation. so there are people who are selling their cars

and buying more to buy x because they cannot afford fuel. so people of pakistan special image class at impacted. and it seems that most people now think that the put it there is no one taking responsibility. and people are just left on did on, and the government's response has been to negotiate with the international monetary fund or the i m f for funds. and you had their prem, mr. shabazz shirliff comment on that last week. and this is what he said. and i caught our economic challenges at the moment, our unimaginable, the i am of conditions which we have to fulfill our beyond the imagination. but we don't have any other option. bacteria, roneesh, why doesn't parkerson have any other option? how did it come to this? what has caused this particular crisis? so i m f, c as an alter the gun guffman fears that the crisis started when previous government

of pakistan and emblem hung, the den prime minister made a decision of subsidizing a fuel, electricity, and gas, and their fear that it was a political deficient to gain public support, but that meant that barcas on was getting less money for, for, for power than it was supposed to get. and when the new government game be also didn't want to lose public supports and they also didn't reduce the prices. they also didn't get down the subsidies on food products um and the laska and the, and the govern government also. or what value to the good and see which meant that are remittances, which i'd a big part of pakistan national income. now overseas focus on is we're sending these that admittance is through private means and not to banks. so dark money was not shown in boxes on the accounts. eventually, when focused on ease, a ford uh, focus on foreign exchange with of depleted,

the government den packed to go to the i m f. by the way, the i m f program was stored in imminent hon. i got down to odessa anymore on hun, subsidized to food products. and since then, now the government is negotiating with the i'm of in september. it got one payment . now it is expecting an underpayment, but not only this, i think flooding also played a role in the graces, a billions of a damn a bucket and hacked or damages and billions of dollars. and also the ukraine war back as an import load to fit suite from ukraine and in the ukraine. what happened? a lot of really good and come to pakistan. there was a shortage. and that also cost food graces in the also storm, but to properly csm, way up there as the initial factor. ah, the help from the i m f. when this come at a cost for pakistan. i think it will come at

a huge cost. are we just hurt or people of pakistan thing, how their life have been impacted? i thing, unfortunately i'm dead their situation where you get worse are because i am if is asking pakistan to increase it stack speed and the rich oil with find their own way of of not being the terrific. and the easiest way for the government would be to impose stacks on consumer products, which means that the cost of living will increase because price of every item, every daily item would increase. and then i m f is also asking direct subsidies on fuel products be decreased, which means that the transportation costs will increase. a cost of using electricity in a household will increase cost of heating up a your homes, or just using a stove will increase. and at the macro level, i think industries will shrink because the cost of production will increase or get better in

a winterly per capita income of the country will or will decrease economic growth of the country will decrease. so in the current scenario, appear meant by i m f is a very good news because by given has absolutely no money left. but for the people of bike is on, it's a bad news very briefly where this is not the 1st time that market is going to get an i m f. lord program. it's had nothing more than 20 so far. why does this keep happening? ah, i think the court of the problem is for governance. economists say bach is and have not been able to have a fiscal dis, a discipline, so it's imports at all with higher than and it's, it's exports. there were not enough efforts made to increase the exports of the country for there has not been a lot of investment made into small and dim enterprise, which is the backbone of fake on to me all the structure of the country's obsolete state entities like real b as and the international airline in go 1000000000 and losses. focus on needs to

diversify its energy sources. it imports most of its energy. so fundamental, actually, a whole hauling of the system is required, which pockets and has failed due to a complete reset finish. thanks very much for breaking this complex issue down in very simple words. but that brings it to the end of today's program. there's more stories on our website as ever and you can follow us on facebook and twitter as well. can see you soon for by like secrets my behind these will discover new adventures in 360 degrees and explore fascinating world heritage sites with d. w. world heritage is 3. 60. get the app now. you

said it's a journey across the entire continent with a variety of cottonwood on this. so we focus the movers, shake of visionaries, and make it when by the, the meaning of modern africa is on d. w with a pledge on transparency short on specifics. germany's economy minister, et cetera, turn for washington after talks about a package of us subsidies that has european leaders worry. we'll ask an expert what this trip she also coming on by to joins the chat and bought frenzy. we'll get

more from our correspondence on the ai plans of china's biggest online search engine and rushes, blockade of ukraine's reports forced to descend its grain by land. but little of it is ending up in africa. ah, i'm for scope of working for the program. germany's car industry is warning against what it calls a spiral of protectionism. this comes as german economists, 3rd robot, hobbit wrapped up a 3 day trip to washington where he met with secretary of state anthony lincoln and other us officials to discuss concerns inflation reduction act. well, the law provides $370000000000.00 in manufacturing centers to companies located in the united states. all of the hobbit gave if you specifics, as he spoke to journalists alongside his french counter, barbara lemaire, but.