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Reading: Pakistan economy: Pakistan has highest living cost in all of Asia with a 25 per cent inflation rate: ADB
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Econo Asia™ > Blog > News > Economy > Pakistan economy: Pakistan has highest living cost in all of Asia with a 25 per cent inflation rate: ADB
Economy

Pakistan economy: Pakistan has highest living cost in all of Asia with a 25 per cent inflation rate: ADB

NEWSROOM
Last updated: April 15, 2024 10:17 am
By NEWSROOM
1 Min Read
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Pakistan has the highest living cost in all of Asia with a 25 per cent inflation rate and its economy may grow at the fourth lowest pace of 1.9 per cent in the region, according to a new Asian Development Bank (ADB) report. The report was released on Thursday in Manila. The Express Tribune reported that the Asian Development Outlook also painted a gloomy picture for the next fiscal year as well, projecting a 15 per cent inflation rate for the next fiscal year — again the highest among 46 countries and a 2.8 per cent growth rate — the fifth lowest for FY 2024-25.

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