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Pakistan's inflation rate reaches record high of 38 pc in May
June 3, 2023 16:30 pm
ISLAMABAD, June 3: The inflation rate soared to a new all-time high in Pakistan to 38 per cent in May, making it the highest in the region, according to The News International.
Economy in the doldrums
December 22, 2022 07:53 am
The current situation paints a bleak picture of the Nepali economy although its external sector has recovered marginally in recent times. An improvement in the remittance inflow, trade balance and foreign currency reserves are something to cheer about. However, other crucial macroeconomic indicators like the inflation rate, government expenditure, government revenue mobilization, interest rates of banks, foreign direct investment (FDI) and aggregate demand haven’t been healthy in recent months.
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