Islamabad:
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 Philippines’s capital Manila.
Pakistan’s Express Tribune reported that, the Asian Development Outlook also painted a gloomy picture for the next fiscal year as well, projecting 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…
