Monthly Economic Outlook Highlights Improvements in Inflation Rate

The Ministry of Finance has released the monthly economic outlook report, according to which the inflation rate is expected to remain at 5.6 percent in November, compared to 6.2 percent in October.

The Finance Ministry revealed that improvements in industrial activities and the fruits of reforms are becoming visible as the current account deficit remains within the expected range, while exports continue to grow steadily and remittances remain strong.

However, the overall economy is maintaining a positive momentum, with structural reforms and digitalization likely to improve. Initiatives to improve governance are also underway.

Furthermore, the Monthly Economic Outlook Report additionally added that pressure on food prices and agricultural production remains. In fact, government measures are in process to stabilize supply in the Rabi season.