Pakistan's economy gasps as Middle East war ignites double-digit inflation
- Posted on May 3, 2026
- By Business News Today
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- 1 min read
Pakistan's economy gasps as Middle East war ignites double-digit inflation
Pakistan's economy faces a grim future with inflation expected to stay high. Soaring oil prices and regional conflict are straining the nation's finances. Analysts predict economic growth will slow significantly. The country's stock market is already among the world's worst performers. Imports are a major concern, potentially widening the current account deficit and depleting foreign reserves.