β’ Fund projects growth at 3.6pc, higher than World Bankβs 2.6pc forecast
β’ Global growth forecast to slow to 3.2pc in 2025, 3.1pc in 2026
ISLAMABAD: Without accounting for the yet-to-be-finalised losses from the recent floods, the International Monetary Fund (IMF) on Tuesday estimated Pakistanβs economic growth rate at 3.6 per cent for the current fiscal year, along with higher inflation and widening current account deficit.
The Fundβs growth projection β following its recent two-week review of Pakistanβs economy β is notably higher than the 2.6pc GDP growth and 7.2pc inflation projected by the World Bank earlier this month, which were based on its own estimates of flood-related damages.
In its flagship World Econom
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