IMF projects Pakistan's economy to grow 3.5% in FY25 with 2% GDP growth, 24.8% inflation, and 8% unemployment.
The International Monetary Fund (IMF) projects Pakistan's economy to grow by 3.5% in FY25, with GDP growth at 2% in the current fiscal year 2024 and a decline in inflation from 29.2% to 24.8% and unemployment from 8.5% to 8%. The IMF representative states that more work needs to be done on both the demand and supply sides to control inflation and maintain fiscal consolidation in Pakistan.
April 16, 2024
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