Pakistan’s economy performed better than expected on all major economic indicators during COVID-19, resulting in a growth rate of 3.94% in the current financial year as against minus 0.47% in the previous financial year. According to the report, the growth figures proved to be staggering as the State Bank of Pakistan (SBP) had projected a … Read more
The International Monetary Fund (IMF) has warned that Pakistan’s growth rate will remain at 1.5 per cent this year, while inflation and unemployment will rise. In its latest report on the Pakistani economy, the IMF said the prospects for recovery were slim this fiscal year. According to the International Monetary Fund, the economy will grow … Read more
The World Bank on Thursday sounded a grimmer tone for the economy of Pakistan, saying that the country will witness a 0.5 percent growth rate only in the current fiscal year. According to the details, Pakistan’s economic outlook, in light of WB’s report, remains fragile for at least two years, as the outbreak of the … Read more
