counter code
Home Business Pakistan has the highest cost of living among 46 countries in Asia

Pakistan has the highest cost of living among 46 countries in Asia

by endroar
Rate this post

According to the report released last Thursday from the headquarters of ADB in Manila, the capital of the Philippines, inflation in Pakistan will be 25 percent in the current fiscal year, which is the highest in Asia. This will make Pakistan the most expensive country in Asia. Inflation in the country will decrease in the next financial year. But ADB thinks it will be 15 percent.

According to ADB's forecast, Bangladesh will rank second behind Pakistan in terms of inflation in South Asia. Inflation in Bangladesh will be 8.4 percent this year. In other countries of the region, inflation this year will be 7.5 percent in Sri Lanka, 6.5 percent in Nepal, 4.6 percent in India, 4.5 percent in Bhutan and 3.2 percent in Maldives. Incidentally, the Government of Pakistan and the State Bank of Pakistan (SBP) have set an inflation target of 21 percent for the current fiscal year.

source

related posts

Leave a Comment