Inflation rate in Pakistan at 60-year low, foreign reserves doubled: FinMin

Finance Minister Muhammad Aurangzeb has said that the inflation rate in Pakistan is at its lowest level in 60 years, and foreign exchange reserves have doubled.

Speaking at Harvard University, Muhammad Aurangzeb stated that financial resources will be increased and tax reforms will be carried out to reduce debt, while privatization is expected to save 2 percent of GDP every year.

The Finance Minister added that the inflation rate in Pakistan is at its lowest level in 60 years, at 0.7 percent, while foreign exchange reserves have doubled and the value of the rupee has increased by 3 percent.

The current account surplus was more than one billion dollars in March 2025. Foreign investment increased by 44 percent and IT exports by 24 percent, while remittances are expected to reach 38 billion dollars, said Muhammad Aurangzeb.