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Pakistan is in serious financial troubles, and the country's problems are only getting worse as unemployment rates rise. The Islamabad Police is currently hiring constables, and a fresh image has surfaced on social media that shows thousands of applicants waiting to take a written test on a stadium field.
Pakistan reels under dire financial straits; mass unemployment just makes matters worse
For the 1,667 openings for police constables that were announced, more than 30,000 male and female applicants from all over Pakistan, according to Islamabad police, took the written test. The positions of police constables have been unfilled for the past five years.
Islamabad Police says more than 30,000 male and female candidates from all over Pakistan took exam for 1667 vacancies advertised for police constable
A new discussion on how to increase employment in the nation has been ignited by the massive turnout at the Islamabad Police Recruitment. Pakistan's unemployment rate has peaked. The number of unemployed people is also steadily rising because there is so little hiring for government positions. Despite this, thousands of applicants are vying for the open positions in the public sector.
Pakistan Institute of Development Economics (PIDE) Report: 2022
Over 31% of the nation's youth are unemployed, according to a report published by the Pakistan Institute of Development Economics (PIDE) in 2022. There are 51% girls and 16% males among them, many of them have professional degrees. Pakistan has a population of about 60% people under the age of 30, and its unemployment rate is currently 6.9%.
Pakistan Economy Melts down grapples with mass shortage of essential items
Pakistan's economy is in such bad shape that its treasury is empty and the country is struggling to find cooking gas and other basic necessities.
The political unrest that engulfed Pakistan after former Prime Minister Imran Khan's ouster last year has only made problems worse. One-third of the millions of people who live in Pakistan were impacted by the floods, which made the issues even worse.
Many nations stepped up to assist Pakistan after it was forced to turn to the international arena for financial support. The nation was saved by the International Monetary Fund (IMF), but there was a catch.
The IMF is not pleased with Pakistan's Finance Ministry and Federal Board of Revenue. The institution has now loaned Pakistan 1.2 billion dollars, bringing the total amount of loans disbursed by the institution to 7 billion dollars.
Agencies report that the IMF has encouraged Pakistan to cut back on spending before the ninth review of the loan that was given to the country in order to get itself out of financial trouble.
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