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Tag Archives: With inflation at record levels

With inflation at record levels, govt warns of more to come


April 1, 2023

ISLAMABAD: With weekly and monthly price indicators already showing record annual increases, the finance ministry on Friday forecast inflation to rise further due to a second-round effect of policy decisions made earlier to raise energy and fuel prices, the central bank’s policy rate, and the rupee’s depreciation to secure IMF funding. “Inflation may further jack up as a result of a …

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