Ministry of Finance has released its monthly Economic Update Outlook Report, claiming that inflation for the current month will remain between 1-1.5%. However, the report warns that inflation could rise to 2-3% in April.
According to the report, the first eight months of the fiscal year saw an increase in remittances, exports, and investments.
Remittances surged by 32.5 percent, reaching $23.96 billion. Exports grew by 7.2 percent, totaling $21.82 billion.
Imports rose by 11.4 percent, reaching $38.82 billion.
The current account balance recorded a surplus of $691 million, as per the Finance Ministry.
