Islamabad: The Ministry of Finance, in its latest Economic Update Outlook Report, has projected that inflation will stay between 1-1.5% this month but could increase to 2-3% in April.
The report outlines notable economic improvements over the first eight months of the fiscal year, citing a 32.5% surge in remittances to $23.96 billion, a 7.2% growth in exports to $21.82 billion, and an 11.4% rise in imports, reaching $38.82 billion. Additionally, the current account balance recorded a surplus of $691 million.
The Finance Ministry attributed these positive trends to stronger foreign inflows and increased economic activity but cautioned that inflationary pressures could intensify in the coming months.
