{"id":9761,"date":"2024-10-31T22:29:52","date_gmt":"2024-10-31T22:29:52","guid":{"rendered":"https:\/\/gsrra.com\/?p=9761"},"modified":"2025-09-23T19:26:18","modified_gmt":"2025-09-23T19:26:18","slug":"imf-lowers-pakistans-inflation-forecast-to-9-5","status":"publish","type":"post","link":"https:\/\/gsrra.com\/?p=9761","title":{"rendered":"IMF lowers Pakistan&#8217;s inflation forecast to 9.5%"},"content":{"rendered":"\n<p><strong><em>Finance minister says revised projection brings it closer to Pakistan\u2019s own projections<\/em><\/strong><\/p>\n\n\n\n<p>The International Monetary Fund has lowered its inflation forecast for Pakistan for the current year by 3.2% points to 9.5%, the country\u2019s finance minister said on Thursday. The IMF\u2019s revised projection brings it closer to Pakistan\u2019s own projections, Finance Minister Muhammad Aurangzeb said.<\/p>\n\n\n\n<p>He said there was no need to introduce a mid-year budget, responding to local media reports saying the government needed to revise its budget to stay on track with an ongoing $7 billion, 37-month program with the IMF.<\/p>\n\n\n\n<p>Aurangzeb said the IMF also revised its import projections for Pakistan in the current fiscal year, which ends in June 2025.<\/p>\n\n\n\n<p>Pakistan has been struggling with boom-and-bust economic cycles for decades, leading to 22 IMF bailouts since 1958. Currently, the country is the IMF\u2019s fifth-largest debtor, owing the Fund $6.28 billion as of July 11, according to the lender\u2019s data.<\/p>\n\n\n\n<p>The latest economic crisis has been the most prolonged and has seen Pakistan facing its highest-ever inflation rate, pushing the country to the brink of a sovereign default last year before an IMF bailout. Inflation has since eased.<\/p>\n\n\n\n<p>Reference Link:- <a href=\"https:\/\/tribune.com.pk\/story\/2506570\/imf-lowers-pakistans-inflation-forecast-to-95\" target=\"_blank\" rel=\"noopener\">https:\/\/tribune.com.pk\/story\/2506570\/imf-lowers-pakistans-inflation-forecast-to-95<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Finance minister says revised projection brings it closer to Pakistan\u2019s own projections The International Monetary Fund has lowered its inflation forecast for Pakistan for the current year by 3.2% points to 9.5%, the country\u2019s finance minister said on Thursday. The IMF\u2019s revised projection brings it closer to Pakistan\u2019s own projections, Finance Minister Muhammad Aurangzeb said. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9762,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[2],"tags":[4290,132,194,200,36,4597,60,5542],"class_list":["post-9761","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sample-category","tag-stable-economy","tag-economy","tag-imf","tag-inflation","tag-pakistan","tag-positive-indicators","tag-geopolitics","tag-price-control"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/9761","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9761"}],"version-history":[{"count":1,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/9761\/revisions"}],"predecessor-version":[{"id":9763,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/9761\/revisions\/9763"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/media\/9762"}],"wp:attachment":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9761"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9761"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9761"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}