Canada Global (Web News) Pakistan’s economic growth rate will not be able to meet the target set for the current fiscal year.
Details of the IMF’s World Economic Outlook report have emerged, in which the IMF has further reduced Pakistan’s economic growth forecast for the current fiscal year. The IMF has reduced Pakistan’s economic growth forecast from 3 percent to 2.6 percent. The IMF has also estimated a decline in Pakistan’s economic growth rate for the next fiscal year.
According to the IMF’s World Economic Outlook report, in January 2025, the IMF estimated Pakistan’s economic growth rate for the current fiscal year at 3 percent. In October 2024, the IMF estimated Pakistan’s economic growth rate for the current fiscal year at 3.2 percent. There are fears that Pakistan’s economic growth rate will not achieve the target set for the current fiscal year.