Current account deficit may increase due to easing restrictions on imports and debt repayment
Islamabad: The government has expressed concerns about a potential resurgence of inflation in the upcoming budget for fiscal year 2025-26.
The average inflation rate based on the Consumer Price Index (CPI) is forecast to be 7.5 percent during the upcoming fiscal year, which is higher than the 5 percent rate in the current fiscal year.
The Ministry of Planning has also warned that the current account deficit may increase due to easing restrictions on imports and debt repayment, which may put the external sector under pressure in the upcoming budget.
The Annual Planning Coordination Committee meeting is expected on Monday, June 2, 2025, in which the overall economic framework for the upcoming budget will be approved. The meeting has set a growth target of 4.2 percent for the fiscal year 2025-26, which is higher than the 2.68 percent rate in the current fiscal year.
Security forces foil attack on Cadet College Wana, kill two terrorists
- 12 منٹ قبل
Senate endorses 27th Constitutional Amendment Bill amid opposition walkout
- 4 گھنٹے قبل
At least eight dead in explosion near Red Fort in India’s New Delhi: local media
- ایک گھنٹہ قبل
Government’s cashless economy initiatives to ensure sustainable growth: PM
- 7 گھنٹے قبل
Pandemics are a choice
- 16 گھنٹے قبل
Irfan Siddiqui placed on ventilator, unable to vote on 27th Amendment
- 11 گھنٹے قبل
Security forces kill 20 militants in operations across Khyber Pakhtunkhwa: ISPR
- 5 گھنٹے قبل
Government’s cashless economy initiatives to ensure sustainable growth: PM
- 6 گھنٹے قبل
PML-N, PPP reach consensus on draft of 27th Constitutional Amendment
- 8 گھنٹے قبل
JUI-F decides not to vote in favour of 27th Constitutional Amendment
- 13 گھنٹے قبل
Draft of proposed 27th Constitutional Amendment to be tabled in Senate today
- 13 گھنٹے قبل
Cold in hilly areas expected to prevail: PMD
- 25 منٹ قبل
