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Www Finance Gov Pkrebuttalsdetails1Ministry of FinanceGovernment of Pakistan Form

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Www Finance Gov Pkrebuttalsdetails1Ministry of FinanceGovernment of Pakistan Form

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ing to the finance ministry's monthly economic update inflation in Pakistan is expected to decrease to between 13.5 and 14.5% in May and further to 12.5 to 13.5% by June this marks a significant drop from the high of 38% in May 2023 when the country was undergoing reforms as part of an IMF bailout program inflation has been slowing over the past few months with the Consumer Price Index for April reaching 17.3% the lowest reading in nearly 2 years the report attributes this decrease to elevated inflation levels last year improvements in domestic Supply chains and reduced Transportation costs the economy is expected to gain momentum in the coming months due to favorable external and domestic economic conditions

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