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Inflation dropped to 12.6 percent, IMF admits

by Web Desk
October 26, 2024
in Business
Inflation dropped to 12.6 percent, IMF admits
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According to International Monetary Fund (IMF) director for Middle East and Central Asia, Jihadizur, inflation in Pakistan has decreased from 29 percent to 12.6 percent. It is expected that inflation in Pakistan will further decrease to 10.6 percent next year. will

He expressed these views in his statement about the Pakistani economy. He said that in the year 2024-25, the Pakistani economy will grow at the rate of 3.2 percent, this is an indication of an improvement in the Pakistani economy. The reform package of the Pakistani government has several important objectives, achieving financial stability, increasing income. , deficit reduction are priorities.

He said that income can be increased by improving tax collection and solving problems, reforms in state-owned enterprises are also among the important priorities, this will create more opportunities for the private sector in Pakistan, foreign direct investment in Pakistan. Work will increase, Pakistani economy will get more export capacity.

Tags: commissiongovernmentinternationalNationaltime line news
Web Desk

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