Islamabad (Commerce Desk): The International Monetary Fund (IMF) has expressed concerns that Pakistan’s inflation rate could rise further during the current fiscal year, potentially reaching 9.9%.
According to the IMF’s World Economic Outlook 2026 report, Pakistan recorded an inflation rate of 7.1% in the previous fiscal year. However, inflation is expected to increase during the current fiscal year.
The report estimates that Pakistan’s economic growth rate will stand at 3.5% in the current fiscal year, compared with 3.6% growth in gross domestic product (GDP) during the previous fiscal year.
According to the IMF, Pakistan’s current account deficit is expected to remain equivalent to 1% of GDP during the current fiscal year, while the unemployment rate is projected to stand at 6.5%.
The IMF has also issued forecasts for the global economy, stating that global economic growth stood at 3.5% in 2025 and is expected to slow to 3.1% in 2026. However, global economic growth is projected to recover to 3.4% in 2027.