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Pakistan annual inflation declines to 20 7pc in March

It is the lowest reading since May 2022 when the CPI had clocked 13.8pc

Pakistan bureau of statisticsInternational monetary fundWeb deskPakistan bureauState bankPakistan annual inflationConsumer price indexFuel pricesNergy tariff hikesInterest rateRate cuts

Aurangzeb advocates new IMF deal as energy tariff hikes keep fuelling inflation

Release of $1.1bn under current arrangement is his first priority

International monetary fundWeb deskFinance minister muhammad aurangzebStand by arrangementFood pricesMuhammad aurangzebNergy tariff hikesInternational monetary fundCost of doing businessInterest ratesRate cutsNergy tariffs

A familiar story: Currency devaluation, subsidy cuts worsen Nigeria cost of living crisis

A basket of tomatoes now costs 55,000 naira – about double the national minimum wage

Nigeria generalAbuja federal capital territoryFarouk dalhatuBola tinubuProcter gamblePz cussons plcBayer agInternational monetary fundNigeria labour congressWeb deskBlessing josephPresident bola tinubuMuda yusufPrivate enterpriseCurrency devaluationSubsidy cuts

Austerity: Prime Minister s Development Projects and Initiatives may get Rs53bn cut

Total amount budgeted amount is Rs80bn, just Rs2bn have been released

Shehbaz sharifNational economic councilPakistan endowment fund for educationInternational monetary fundPrime ministerDevelopment projectsWeb deskPakistan endowment fundPrime ministers development projects and initiativesShehbaz sharifSpending cutsGovernment spendingEnergy tariffsBudget deficitUman resource development and employment generationSkill development

Tired of inflation? Just check Cuba where fuel prices will go up over 500pc

Power and gas tariffs are also increased as govt tries to tackle budget deficit

Ciudad de la habanaAlejandro gilVladimir regueiroOmar everleny perezGas regulatory authority ograInternational monetary fundCentral bankGas regulatory authorityPrices vladimir regueiroEconomy minister alejandro gilFuel pricesBudget deficitNergy tariff hikesGas pricesPower tariffsFood inflation

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