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Al Jazeera
Al Jazeera
Business
Abid Hussain

Is Pakistan’s crisis-ridden economy finally recovering?

Pakistan's inflation rate has seen a declining trend in the last few months [Rehan Khan/EPA]

Islamabad, Pakistan – The Pakistani government will present its annual budget on Wednesday, seeking to balance domestic commitments to the country’s 240 million people and demands of fiscal prudence from the International Monetary Fund (IMF) – a key source of loans.

Aiming to increase its gross domestic product (GDP) growth rate to more than 3.5 percent from 2.38 percent in the outgoing fiscal year, the country is looking to revive its economy, which has faced a nearly two-year slump following political volatility.

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