Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Pakistan's growth forecast lowered to 2.6% due to floods, rising deficits, and inflation.

flag The World Bank has cut Pakistan’s fiscal year 2026 growth forecast to 2.6% from 3.4%, citing severe flash floods that damaged agriculture and disrupted food supplies. flag Crop output in Punjab fell at least 10%, affecting wheat, rice, sugarcane, cotton, and maize. flag Increased flood recovery spending is expected to raise the fiscal deficit to 5.5% of GDP and push inflation above 7%. flag Despite a projected current account deficit of 0.1% of GDP, supported by remittances and lower oil prices, export losses and higher food imports pose risks. flag Long-term recovery hinges on better revenue collection, agricultural revival, and fiscal discipline. flag A new five-year reform plan aims to boost exports and growth. flag Pakistan and the IMF are revising budget targets, while efforts continue to reduce default risk and stabilize the economy.

22 Articles