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• MoF warns external risks rising despite fiscal stability

• Sees April inflation jumping to 8-9pc on supply issues

ISLAMABAD: Despite a healthy primary balance of 3.3 per cent of GDP, the Ministry of Finance (MoF) on Thursday warned that Pakistan’s external sector may face risks due to emerging global uncertainties and regional supply disruptions, amid higher inflation.

“External demand may remain supportive in some markets, but the balance of risk has become less favourable than in the pre-war setting,” the MoF said in its Monthly Economic Update and Outlook for April. It added that the ongoing Middle East conflict is posing risks and increasing uncertainty for the macroeconomic outlook.