Pakistan

Pakistan’s inflation slowed to 1.52% in February, the lowest in over seven years. The central bank expects inflation to average 5.5%-7.5% for the year through June 2025. Following an all-time high of 38% in May 2023, inflation has recently remained single-digit. The central bank has been easing policy rates to support economic recovery. The IMF is assessing Pakistan’s performance under a USD 7 bln EFF, and talks on a climate resilience loan are underway.