In its World Economic Outlook (WEO) 2022, the IMF projected an 11.2pc average rate of inflation for the current year against 8.9pc last year.
The Washington-based lending agency forecast Pakistan’s economic growth rate at four per cent.
The forecast seems similar to that of previous estimates by other major development lenders.
Pakistan’s current account deficit has been estimated to be at 5.3pc of GDP (up from just 0.6pc last fiscal year).
Earlier the government had set 4.8pc for GDP growth rate, 8pc rate of inflation and current account deficit at just 0.7pc of GDP.
The IMF said the rate of inflation would come down from 11.2pc this year to 10.5pc next year. The Fund also estimated the current account deficit to fall to 4.1pc of GDP in FY23.
It projected global growth to slow down from an estimated 6.1pc in 2021 to 3.6pc in 2022 and 2023.