Pakistan’s inflation projected to rise before Eid ul Adha: Finance Ministry

ISLAMABAD: Pakistan’s Ministry of Finance has released its monthly economic outlook, projecting a rise in inflation before Eid ul Adha and the budget, ARY News reported. According to the report, the inflation is projected to remain between 1.5 – 2.

0 percent in April, with a possible rise to 3.0 – 4.0 percent by May 2025.



In March 2025, the inflation rate was recorded at 0.69%, while the average inflation from July 2024 to March 2025 stood at 5.25%.

The report highlights several economic indicators as remittances, exports, and imports all recorded an increase during the first nine months of the current fiscal year. The current account posted a surplus, and foreign direct investment (FDI) also saw growth, it noted. The State Bank’s foreign exchange reserves increased during the same period.

From July to March, remittances rose by 33.2%, surpassing $28 billion. Exports grew by 7.

7%, while imports rose by 11%, with total exports reaching $24.66 billion and imports exceeding $43 billion. FDI during this period climbed by 14%, totaling $1.

644 billion, while the current account surplus reached $1.859 billion. The State Bank’s reserves rose from $8.

05 billion to $10.572 billion. The report also noted a 25.

9% increase in FBR tax collection and a 72.9% rise in non-tax revenue during the same period. Read More: Global investors’ confidence in Pakistan’s economy restored: WB Earlier, The World Bank (WB) has released a report on Pakistan’s economy, stating that the country’s economy continues to stabilise and is expected to grow by 2.

7 percent in the current fiscal (2024-25). According to the report, the interest rate has also been reduced due to decline in inflation. “The confidence of global investors in Pakistan’s economy has been restored, with a projected economic growth rate of 2.

7 percent for the current fiscal year, up from 2.5percent in the previous fiscal year,” the WB’s report read. Pakistan’s growth rate is expected to be 3.

1 percent in the next fiscal year, while 3.4 percent in 2027, according to the WB’s report..