Pakistan's Finance Ministry predicts July inflation at 12-13%, falling to 11-12% in August, as the country's economy shows signs of stability.
Pakistan's Finance Ministry predicts July inflation at 12-13%, falling to 11-12% in August. The country's economy is showing signs of stability, with reduced inflation, a primary fiscal account surplus, a negligible current account deficit, and a stable exchange rate. Agriculture has outperformed, and large-scale manufacturing is expected to improve. The government has reached a $7 billion loan agreement with the International Monetary Fund (IMF), which will further support stability.
July 30, 2024
18 Articles