New Economic Outlook Report Shows Signs of Falling Inflation

New Economic Outlook Report Shows Signs of Falling Inflation

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The Ministry of Finance has released its Monthly Economic Outlook, projecting that inflation will ease to 5.6% in November, down from 6.2% in October.

The report highlights signs of recovery in industrial activity and notes that the benefits of ongoing reforms are becoming increasingly visible. The current account deficit remains within the anticipated range, while exports continue to grow steadily and remittances remain strong.

Overall, the economy is maintaining positive momentum, with further improvement expected through structural reforms, digitization, and governance enhancements.

However, the report also cautions that food prices and agricultural output continue to face pressure. The government is implementing measures to ensure a stable supply during the Rabi season.

India Frees Three Pakistani Detainees and Sends Them Home

India has released three Pakistani prisoners, who were handed over to Pakistan via the Wagah border.

The Pakistani High Commission in New Delhi confirmed that the released individuals are Asghar Ali, Ramzan, and Muhammad Idrees.

A spokesperson stated that Indian authorities completed the necessary legal formalities before transferring the prisoners to the High Commission, after which they were safely returned to Pakistan.

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Syed Sadat Hussain Shah

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