Pakistan’s GDP growth forecast is rising and would reach to 1.9 percent during the fiscal year 2023-24, ending on June 2024, says Asia Development Bank (ADB) in its flagship Asian Development Outlook (ADO) released on Thursday. “In Pakistan, growth is forecast rising at 1.9% in FY2024 (ending on 30 June 2024) and 2.8% in FY2025, up from the 0.2% contraction last fiscal year,” says ADO for April 2024.

 

Leave a Reply

Your email address will not be published.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

You May Also Like

Bannu incident: KP govt to form commission for transparent probe

The Khyber Pakhtunkhwa government on Saturday announced to constitute a commission to…

UN body demands immediate release of PTI founder

A United Nations (UN) human rights working group demanded the immediate release…

Pakistan, Iraq vow to strengthen defence ties

Pakistan and Iraq have reaffirmed their commitment to strengthening their defence ties.…

Pakistan desires to deepen bilateral ties with Saudi Arabia: PM Kakar

Foreign Minister of Saudi Arabia, Faisal bin Farhan bin Abdullah Thursday called…