In November, annual national consumer inflation in Pakistan rose to 29.2 per cent from 26.8pc in October, mainly due to increased gas and electricity prices. Average yearly inflation during the first five months of this fiscal year (July-Nov 2023) stood at 28.6pc. Further hikes in energy prices are on the cards amidst the International Monetary Fund’s (IMF) dictated reforms in the electricity …
Read More »Finance: Path to revival seems uncertain
December 11, 2023