The World Bank (WB) has reduced Pakistan’s GDP growth forecast for the current fiscal year to 3.4 percent as the government refocuses on reducing external pressures and addressing long-standing fiscal concerns.
The World Bank released its twice-yearly study, South Asia Economic Focus Shifting Gears: Digitization and Services-Led Development, ahead of the Bank’s and the International Monetary Fund’s annual meetings (IMF).

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Pfizer’s trial data shows long-term effectiveness in adolescents

Nov, 22: Pfizer Inc (PFE.N) announced on Monday that, its COVID-19 vaccine…

Israeli army continues siege on Tulkarm camp as West Bank death toll rises

The Israeli army continues to besiege Tulkarm refugee camp in the occupied…

Focus on rebuilding as UN officials visit quake-hit Türkiye

After weeks of rescue efforts, the focus of Turkish authorities has shifted…

Fire breaks out in Korangi’s marriage hall

Karachi: A fire broke out in a local marriage hall near the…