Pakistan Faces Mounting Economic Crisis with Surging Inflation and Slowing Growth

• Pakistan has highest living cost in Asia with 25% inflation rate, according to ADB report • Economy expected to grow at sluggish 1.9%, fourth lowest in region • Inflation target of 21% likely to be missed despite 22% interest rate • 10 million more people could fall into poverty due to economic challenges • Political uncertainty identified as key risk to stabilization and reform efforts