ISLAMABAD: Pakistan may see further relief in petroleum prices as global oil markets continue to soften, according to the Ministry of Finance’s latest Monthly Economic Update and Outlook Report.

The report highlights that a decline in international oil prices could directly influence domestic fuel rates, helping reduce inflationary pressure and stabilize overall price levels in the country.

It notes that inflation is expected to remain in the range of 11% to 12% in June, while Pakistan’s economy has shown signs of strengthening during fiscal year 2025–26, with GDP growth recorded at 3.7%.

According to the ministry, this marks the highest GDP level in the past four years, with the size of the economy reaching $452.1 billion during the fiscal year.

The report also points out that government measures aimed at export-led growth, tax relief for taxpayers, and improved fiscal discipline have contributed to macroeconomic stability.

Looking ahead, the finance ministry projects further improvement in the economic outlook for fiscal year 2026–27, supported by continued policy adjustments and global price trends.

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