Islamabad: The International Monetary Fund (IMF) in a report released on Pakistan's economy stated that unemployment and inflation will increase this year.

The IMF and the government's figures were also contradictory to one another when it came to inflation. As per the report, the government has projected the inflation rate to be at 6.5% during the current fiscal year, while the IMF projects it to be at 8.7%.
IMF report stated that Pakistan's growth rate is expected to be 1.5 per cent this year and the government has forecast a growth rate of 2.1 per cent, while the State Bank of Pakistan has projected a growth rate of 3 per cent.
The unemployment rate in Pakistan is predicted by the IMF report to increase by 1.5% during the current fiscal year.
The IMF has projected Pakistan's current account deficit to remain at 1.5% of the country's gross domestic product (GDP), while the government has projected it to be 1.6% of the GDP this fiscal year.
The international money lender said Pakistan's growth rate will improve to 4% in the next fiscal year.

Angels' Washington to miss remainder of season
- 5 hours ago

What we're hearing in the transfer window: Liverpool turn to Hato; Arsenal to make moves?
- 5 hours ago

Torrential rain in Islamabad, Rawalpindi
- 2 hours ago

Logitech says all its webcams work with Nintendo Switch 2 — save one
- 6 hours ago

Pakistan's first int’l driving license kiosk set up at Lahore Airport
- 2 minutes ago

Austria could be a turning point for Norris' F1 title charge
- 5 hours ago

Petrol, diesel prices increase in Emirates too
- 2 hours ago

Dominant on the pitch and in the stands, Palmeiras upend Brazil rivals Botafogo for CWC quarters berth
- 5 hours ago

Alcaraz, Sinner, Sabalenka favored at Wimbledon
- 5 hours ago

Is Jake Paul ready for a world title fight? Who is his best option?
- 5 hours ago

Govt surges prices of petroleum products
- 3 hours ago

Doctors temporarily recruited during Corona in Sindh fired
- 24 minutes ago