(CTN News) – Despite the IMF’sPakistan is expected to remain at a high of 18.5 per cent, while rates of inflation in rural areas are predicted to remain at 25.9 per cent in the next two years.
As per the latest report of the International Monetary Fund, the pressure of external payments on Pakistan will not endthe pressure of external payments will gradually end over a period of time and the current account deficit is expected to remain at 1.6% of the total economy.
In a recent report, the International Monetary Fund (IMF) predicted that financial institutions’ funding delays will affect the economyexchange rates in the short term.
In the report, it is alarming thatare likely to be severely affected by inflation even before food items become expensive the world market due to inflation even before food items become costly on the world market because of inflation.
In a statement, the IMF made it clear that salaries and pensionsnot expected to improve until a result, 61 billion rupees less will be available for development budgets as a result.
The report also requests Nepra and gas rates must increase half-yearly, as stated in the ensure consistency between the two.institutions issue timely notifications regarding additions to electricity and gas tariff rates by