WHO warns humanitarian situation to worsen in flood-ravaged Pakistan

By Staff Reporter

KARACHI: The United Nations has warned that the humanitarian situation in Pakistan was expected to get worse, as international aid is surging to flood-ravaged country while authorities are desperately trying to stop the biggest lake from bursting its banks after all previous attempts to lower water levels failed.

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IMF says Pakistan’s growth headed down as inflation surge to endure

By Staff Reporter

ISLAMABAD: The International Monetary Fund (IMF) said it will take over a year for inflation in Pakistan to fall to the central bank’s 5-7 percent target, adding that downside risks from high inflation were materializing and could push the country’s economy to ‘decelerate to 3.5 percent in FY23.’

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