The Ministry of Finance has published its monthly Economic Update Outlook Report, indicating that inflation for the current month is projected to stay between 1 and 1.5%. However, the report cautions that inflation could escalate to 2-3% in April.
According to the report, the first eight months of the fiscal year witnessed growth in remittances, exports, and investments.
Remittances experienced a significant surge of 32.5 percent, reaching $23.96 billion. Exports increased by 7.2 percent, totaling $21.82 billion.
Imports also saw a rise of 11.4 percent, amounting to $38.82 billion.
The Finance Ministry’s report also highlighted a current account balance surplus of $691 million.
