IMF Managing Director Kristalina Georgieva speaks during a press briefing during the 2024 Spring Annual Meetings of the IMF and the World Bank in Washington, United States, April 19, 2024. — Reuters Higher interest rates persist, affecting global economic stability. Diverging regional growth trends highlight uneven recovery trajectories. The IMF warns of rising financing costs … Read more
A man shops at a store in Peshawar, April 27, 2018. — Reuters CPI-based inflation in November rose just 0.5% month-on-month. Reading well below the financial division’s projection. Strengthens the case for a higher reduction rate than expected. Exceeding official forecasts, inflation in Pakistan slowed to 4.9% year-on-year in November 2024, from 7.2% in October, … Read more
People look at handbags displayed outside shops at a market, ahead of Eid al-Fitr celebrations in Karachi, Pakistan, April 19, 2023. — Reuters Inflation is expected to decline to 5.6%-6.5% by December. PBS data shows inflation fell to 7.2% in October. The LSM sector seems to be struggling to bounce back. Inflation is expected to … Read more