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Articles for tag: FY26, IMF, Inflation, Pakistans, predicts, reach

October 16, 2025

News Desk

The IMF predicts Pakistan’s inflation to reach 6% in FY26

People buy nuts at a market in Karachi.— Reuters/File The IMF keeps Pakistan’s growth at 3.6% for the current financial year. Unemployment rate likely to drop to 7.5% in Pakistan. The global inflation rate is forecast to decline to 3.7% in 2026. The International Monetary Fund (IMF) has forecast an increase in Pakistan’s inflation rate, forecasting 6% Consumer Price Index (CPI) inflation for the financial year 2025-2026. The global lender released its latest World Economic Outlook (WEO) on Tuesday, expecting that inflation in the country is likely to rise from 4.5% in FY25 to 6% in the current financial year.

October 7, 2025

News Desk

The IMF predicts a lack of RS400BN tax as Pakistan seeks revised growth target

This file photo taken on January 26, 2022, shows the stamp for the International Monetary Fund (IMF) in Washington, DC. – AFP Pakistan, the IMF discusses bites in the macroeconomic context. Islamabad is calling for the lender to revise GDP’s prediction to 3.5%. Regional escalation to cause pressure Macroeconomic stability: IMF. Islamabad: The International Monetary Fund (IMF) evaluated the adjustment of more than 400 billion RS to the budgetary context, provided that expenditure is also reduced according to current use, The news reported on Tuesday. Parleys policy began between Pakistan and the IMF review visit. However, the Treasury informed the

August 26, 2025

News Desk

Trump soon predicts the end of the Gaza War, condemns the strike hospital

US President Donald Trump, “unhappy” with the attack on Al Nasser Hospital, marked that the Gaza conflict would end within two to three weeks. “I think in the next two to three weeks, you will have [a] A pretty good, decisive end, “Trump told reporters at the White House. [are] is killed. I’m not happy about it. I don’t want to see it. At the same time, we have to finish that nightmare. ” Reading: Turkish First Lady encourages Melania Trump to talk to Gaza Trump said there was a “very serious” diplomatic effort in progress, with the US and

January 13, 2025

News Desk

Mohammad Amir predicts Pakistan’s advantage in Champions Trophy match against India

Listen to the article Former Pakistan pacer Mohammad Amir has weighed in on the much-anticipated India-Pakistan clash in the 2025 ICC Champions Trophy, predicting that Pakistan will have the upper hand. The high-stakes encounter is set to take place on February 23, 2025, at the Dubai International Cricket Stadium. In an interview, Amir pointed to Pakistan’s recent strong performances against top-flight teams as proof of their prowess in overseas conditions. “The way Pakistan are performing, including beating Australia in their own backyard and South Africa, shows their ability. Based on these performances, I believe Pakistan will have an edge over

November 27, 2024

News Desk

The Ministry of Finance predicts a drop in November inflation to 5.8-6.8%

People look at bags on display outside shops in a market, ahead of Eid al-Fitr celebrations in Karachi, Pakistan, April 19, 2023. — Reuters Inflation is forecast to slow to 5.8%-6.8% in November and then further to 5.6%-6.5% in December, the finance ministry said in its monthly economic report on Wednesday. “Inflation is expected… [to] further decline to 5.6% – 6.5% by December 2024,” the Finance Department said in its Monthly Economic Update and Outlook. The central bank cut interest rates by 250 basis points earlier in November in a bid to revive a sluggish economy amid a sharp drop

October 28, 2024

News Desk

ChatGPT predicts Ballon d’Or winner as Real Madrid ‘boycott’ ceremony

General view of the Ballon d’Or at the Chatelet Theater in Paris, France on October 30, 2023. — Reuters MADRID: Real Madrid canceled plans for its delegation to attend the Ballon d’Or ceremony in Paris on Monday at the last minute as the club understands that Brazil striker Vinicius Junior will not win the award, football sources said. Reuters. Bookmakers had 24-year-old Vinicius Junior, the Champions League player of the year, as the favorite to claim his first Ballon d’Or, awarded to the world’s best player, ahead of Spain’s Manchester City. midfielder Rodri, 28, and Real Madrid’s England international Jude

October 24, 2024

News Desk

The IMF predicts a GDP growth rate of 3.2% for the next fiscal year

A worker bends down as he carries bundles of cloth on his back to deliver to a nearby store in a market in Karachi on June 24, 2022. — Reuters The IMF says GDP growth will remain insufficient to reduce poverty. The lender records a 0.5% reduction in the country’s unemployment rate. The projects current account deficit will remain at approx 0.9% of GDP. ISLAMABAD: Pakistan’s economy is set to get a boost, with the International Monetary Fund (IMF) forecasting a GDP growth rate of 3.2% for fiscal year 2025, amid easing inflationary pressures. This increase is expected to have

August 13, 2024

News Desk

Supercomputer predicts Real Madrid’s 2024-25 LaLiga triumph

The 2024-25 season of La Liga, also known as LaLiga EA Sports for sponsorship purposes, is set to kick off on Thursday, marking the 94th season of Spain’s top football competition. As the new season begins, expectations and speculations mount about which team will be crowned champions, which will face relegation and which clubs will secure places in European competitions. Real Madrid, the defending champions, start the season with high expectations after winning the title for the 36th time last season. The season will run from 15 August 2024 to 25 May 2025, with the fixture list announced on 18

July 28, 2024

News Desk

Pakistan is poised to become a future world power, Hungary’s prime minister predicts

BUDAPEST, HUNGARY: Hungarian Prime Minister Viktor Orban said on Saturday that the balance of global power was shifting towards Asia, citing China, India, Pakistan and Indonesia as the world’s future great powers. “In the next long decades, perhaps even centuries, Asia will be the dominant center of the world,” Orban said, emphasizing the emerging influence of these nations on the world stage. Orban’s comments came during a speech in Budapest, where he also criticized the West, calling it “absurd” and suggesting its declining power would benefit Russia. Orban, a nationalist in power since 2010, made the comments during a speech

July 17, 2024

News Desk

ADB predicts high inflation for Pakistan in the current financial year

The Asian Development Bank (ADB) has predicted that inflation in Pakistan will remain high in the current financial year. The bank’s latest Asian Growth Prospects report raised its economic growth forecast for developing Asia and the Pacific from 4.9 percent to 5 percent, but Pakistan faced a tougher outlook. ADB predicted that Pakistan’s inflation rate, which had fallen from 38% to 11.8%, will remain high. The bank also predicted that the country’s debt could fall by 7%, from 77% to 70%. Despite these projections, ADB highlighted that 62% of Pakistan’s revenue will be used for debt repayment during the 2024-2025

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