 "Wonders surprised from the ‘Miracle’ in Pakistan, USA and China")
Pakistan has shown a feat who has surprised the whole world. Country Inflation Rate (Pakistan Inflation Drops) on the annual basis is only 0.7 percent on the lowest level since December 1965. In the last 50 years, this achievement is considered to be exceptional. Where economic meetings like the US and China did not have a stability, Pakistan has shown the right to cash, Pakistan has shown this ‘Miracle’.
According to the latest figures of the Pakistan Bureau of Statistics (PBS) based figures (CPI) based forest (CPI) based inflation declined in March 2025, which is less than 1.5% in February 2025. The figure touches the December 1965, when the country’s economy was in very different circumstances. The decline is being deficient in food and drink prices, relief and terror policies of the government. It is amazing because the inflation rate in May 2023 was at the historically high level of 38%.
How did it happen?
After all this miracle was surprised by the experts of the economy. They believe that this may occur due to high-based effect, current figures are very low than the highest inflation of last year. International Currency Funds (IMF) has helped up to $ 7 billion bealout package and 900 base points deduction in interest rates by the State Bank of Pakistan.
Why is this for the first time in 50 years?
In the last 50 years, many countries have exposed the economic crisis, but it is very rare to achieve so little inflation. In the United States, inflation reached 13% in 1970, but it has never been below 1%. China also kept inflation stable around 2-3% in its rapid growth economy. At the same time this performance of the country like Pakistan is struggling with floods, foreign loans and political institutions, it is amazing.
What is the world saying?
“Pakistan has done what was also challenging for our economy,” a US specialist said. The Chinese media spoke to Pakistan’s economic policies, but warned with it would be difficult to maintain it. The IMF called it awesome but advised to be careful. The World Bank said this relief for Pakistanis who is tangled with poverty and unemployment.