Editor
ISLAMABAD: The IMF has warned that Pakistan’s runaway inflation that shot up to a 47-year high in August could trigger protests and instability in the cash-strapped nation as devastating monsoonal floods have exacerbated its economic crisis.
The country’s inflation measured by the Consumer Price Index (CPI) climbed to 27.3% this August. This level of inflation was last seen in 1975, when the reading was recorded at 27.8%. Observers said the floods and consequent disruption in food…
The country’s inflation measured by the Consumer Price Index (CPI) climbed to 27.3% this August. This level of inflation was last seen in 1975, when the reading was recorded at 27.8%. Observers said the floods and consequent disruption in food…
