{"id":309163,"date":"2023-01-23T09:10:09","date_gmt":"2023-01-23T04:10:09","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=309163"},"modified":"2023-01-23T09:10:09","modified_gmt":"2023-01-23T04:10:09","slug":"pbf-feared-annual-inflation-rate-will-touch-to-30-in-2023-if-imf-demands-met","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/pbf-feared-annual-inflation-rate-will-touch-to-30-in-2023-if-imf-demands-met\/","title":{"rendered":"PBF feared annual inflation rate will touch to 30% in 2023 if IMF demands met"},"content":{"rendered":"<p>ISLAMABAD: President of Pakistan Business Forum (PBF), Mian Usman Zulfiqar says government is likely to meet all IMF demands to revive loan programme and in result new taxes would impose on the industry and masses, depreciation of the currency which would further spike the inflation.  It is also feared that we touch 30 percent annual inflation rate in 2023.  Despite that Pakistan should considering alternative options to tide over its economic crisis other than habitual option of IMF. Unfortunately Pakistan\u2019s formula for economic growth is as flawed as it gets: borrow foreign currency-denominated loans, build some large-scale infrastructure, get a minor growth spurt in the process, and wait until this growth spurt fades so we can repeat the process again. DNA<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD: President of Pakistan Business Forum (PBF), Mian Usman Zulfiqar says government is likely to meet all IMF demands to revive loan programme and in result new taxes would impose on the industry and masses, depreciation of the currency which would further spike the inflation. It is also feared that we touch 30 percent annual [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-309163","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>PBF feared annual inflation rate will touch to 30% in 2023 if IMF demands met<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/pbf-feared-annual-inflation-rate-will-touch-to-30-in-2023-if-imf-demands-met\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PBF feared annual inflation rate will touch to 30% in 2023 if IMF demands met\" \/>\n<meta property=\"og:description\" content=\"ISLAMABAD: President of Pakistan Business Forum (PBF), Mian Usman Zulfiqar says government is likely to meet all IMF demands to revive loan programme and in result new taxes would impose on the industry and masses, depreciation of the currency which would further spike the inflation. It is also feared that we touch 30 percent annual [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/leadpakistan.com.pk\/news\/pbf-feared-annual-inflation-rate-will-touch-to-30-in-2023-if-imf-demands-met\/\" \/>\n<meta property=\"og:site_name\" content=\"Daily Lead Pakistan\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/DailyLeadPak\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-23T04:10:09+00:00\" \/>\n<meta name=\"author\" content=\"Web Desk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@DailyLeadPak\" \/>\n<meta name=\"twitter:site\" content=\"@DailyLeadPak\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Web Desk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" 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