Pakistan’s real GDP growth rate is expected to clock in at 2% in 2024 and inch up marginally to 2.3% in 2025, a United Nations economic survey projected. As per the report titled ‘Economic and Social Survey of Asia and the Pacific 2024: Boosting Affordable and Longer-term Financing for Governments’ released on Thursday, inflation rate in Pakistan is expected to hover at 26% and is projected to lower considerably to 12.2% in 2025. The report noted that in 2023, the economy of Pakistan faced political unrest that had adverse impacts on business and consumer sentiment while a massive flood disrupted agricultural production. It added that amid fiscal pressure across the region, countries such as Pakistan and Sri Lanka resorted to external assistance from the International Monetary Fund (IMF).
متعلقہ مضامین
-
Graft-buster goes after drug officials
-
ECP to hear Ali Gillani’s leaked video matter on Thursday
-
Naundero Health Center face crippling issues
-
PTI to probe against party MNAs who voted for Gilani: Ismail
-
Haleem moved to hospital from jail over health issues
-
Promoted doctors of BPS-19 await posting, accuse department of corruption
-
Shibli terms Imran Khan upright, brave leader
-
In Spain, hugs and sea air for Covid ICU survivor
-
PM tells Hafeez Shaikh to continue as finance minister
-
Shehbaz’s daughter, son-in-law declared proclaimed offenders
-
IHC throws ball in ECP’s court in Vawda disqualification case
-
Tax depositors are encouraged to pay tax online. Mukesh Kumar Chawla