Pakistan forecasts inflation drop to 5.8-6.8% in November, marking a significant economic recovery.

Pakistan's Ministry of Finance predicts inflation will drop to 5.8-6.8% in November and 5.6-6.5% in December, following a reduction in interest rates. This follows a sharp decline from nearly 40% in May. The report also notes positive trends in agriculture and industry, with exports and remittances seeing increases. The current account is projected to remain in surplus, aiding economic recovery.

November 27, 2024
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