Pakistan

Pakistan’s inflation eased to 0.69% in March, the lowest in over seven years, mainly due to declining food and housing costs. While inflation has slowed, policymakers remain cautious due to global trade risks and expect inflation to stabilize within the 5%-7% target range. The government has also taken steps to ease inflation pressure, including reducing electricity prices, and has secured USD 2.3 bln in loans from the IMF to support the economy.