Unveiling the soul of Pakistan's metropolis.
Karachi Matters
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Unveiling the soul of Pakistan's metropolis.
Karachi Matters Editor
The government has warned that inflation could rise to 7.5% in the next financial year (2025–26), compared to 5% this year. This increase is expected due to relaxed import restrictions and debt repayments, which may also raise the current account deficit. The Ministry of Planning has set a 4.2% growth target for the economy, higher than this year’s 2.68%. The final budget plan will be discussed in a meeting on June 2, 2025.
Karachi Matters EditorIn FY2024-25, Pakistan’s salaried class paid over Rs550 billion in income taxes—five times more than the combined Rs100 billion contributed by exporters and retailers, according to the Salaried Class Alliance…
Karachi Matters EditorThe Ministry of Finance has warned of a possible rise in inflation, projecting rates between 1.5%–2% in May and 3%–4% in June 2025. Despite this, the economy showed positive signs…
