According to World Bank, Pakistan’s inflation to further rise by how many percent in fiscal year 2023?

28.5 per cent

27.5 per cent

29.5 per cent

26.5 per cent

Explanation

The World Bank has warned that Pakistan’s inflation is projected to further rise to 29.5 per cent in the fiscal year 2023 due to higher energy and food prices and the weaker Rupee.