Pakistan's Bailout Addiction: Why the IMF Keeps Saving a Sinking Economy
Summary by India Today
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IMF predicts single-digit inflation in Pakistan over next 6 years
Islamabad: The International Monetary Fund (IMF) has forecast that inflation in Pakistan will continue to stay in single digits for the next six years, a significant departure from the sky-high inflation of the past few years. The average rate of inflation in the ongoing fiscal year is likely to be only 5.1%, well below the government’s budgeted target of 12%, the IMF said. The projection implies that prices will increase much more slowly than p…
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