The Ministry regrets paying surcharges with high interest rates
A foreign exchange dealer counts Pakistani rupee notes as he prepares an exchange for US dollars in Islamabad, Pakistan, December 11, 2017. — Reuters Inflation will ease to 26.5-27.5% in February 2024. It remained around 27.5-28.5% in January 2024. Spending is expected to remain under pressure. ISLAMABAD: Raising a red flag for the massive increase in expenditure, the finance ministry on Wednesday admitted that the major challenge was higher surcharge payments due to the increased policy rate, which led to a sharp increase in current expenditure. The second challenge, admitted by the government, was rising inflationary pressures, saying inflation is
