ISLAMABAD: The Ministry of Finance presented its monthly economic report on Sunday, emphasising the necessity of a robust economy for currency stabilisation.
The research claims that climate-related floods in Pakistan has damaged farmland and reduced the output of important crops. The target for wheat output has been set at 28.37% million tonnes, while production of sugarcane, rice, and cotton have all been lowered by 8%, 40.6%, and 24.6%, respectively.
According to the statistics from the finance ministry, the rate of inflation from July to September was 25.1%, compared to 8.6% during the same period the year before.According to the study, the first quarter of the fiscal year’s budget deficit increased by 45.4%, reaching Rs672 billion from July to September.
