Fri. Mar 1st, 2024
Inflation will rise to 70% if we default, warns PashaInflation will rise to 70% if we default, warns Pasha

KARACHI:

Former finance minister Hafiz Pasha warned that Pakistan’s inflation can skyrocket to 70% in case of default. Even if the International Monetary Fund’s (IMF) loan is revived, inflation will still rise to at least 35%, owing to the lender’s strict conditions.

By ashraf

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