Rising Global Oil Prices May Increase Inflationary Pressure in Pakistan, Finance Ministry Warns
Islamabad, 2 August 2026 (Kamran Raja): Pakistan's Ministry of Finance has warned that rising global oil prices could increase inflationary pressure in the country, projecting inflation to remain between 9 and 10 percent in July 2026.The ministry issued its monthly economic outlook report, highlighting key developments and challenges facing the national economy.According to the report, foreign direct investment (FDI) declined by 33.9 percent during fiscal year 2025-26. Pakistan's exports also fell by 4.6 percent to US$30.8 billion during the fiscal year.The report noted that workers' remittances reached US$41.6 billion, reflecting an annual increase of 8.6 percent and continuing to provide significant support to the country's external sector.The Ministry of Finance stated...









