Pakistan is expected to see low double-digit inflation this year, with inflation rising to around 11.5%, up from 6.8% in 2019, according to the Asia Development Bank (ADB).
The ADB said that rising food prices, ulitity costs and currency depreciation would be the key causes driving inflation in 2020.
Pakistan’s rupee fell by about 9.8% against the dollar in the first seven months of Fiscal Year 2020, said the ADB.
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