Friday, June 12, 2026

“Inflation has Fallen from 38% to Single Digits in Just Two Years,” PM Shehbaz Sharif

Prime Minister Shehbaz Sharif stated that Pakistan has experienced a notable improvement in its economic conditions over the past two years, with inflation witnessing a sharp decline. He highlighted that inflation, which had previously reached 38 percent, has now fallen into single-digit levels, reflecting a significant easing of price pressures on the public.

He further added that monetary conditions have also improved during this period, pointing out that the policy rate has been reduced from 22.5 percent to 11 percent. According to him, this reduction is part of broader economic stabilization efforts aimed at supporting growth, improving business confidence, and providing relief to both consumers and the business community.

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