The International Monetary Fund (IMF) forecasted Pakistan’s GDP growth rate to remain steady at 4% in the fiscal year 2021-22.
The IMF has warned in its report “World Economic Outlook October 2021” that significant inequalities in COVID-19 vaccination access and policy assistance in many developing countries might block their economic recovery.

In September, the Asian Development Bank expected Pakistan’s GDP to reach 4% in the fiscal year 2021-22 (FY22), as economic activity gradually returned in the second year of the COVID-19 outbreak.

Leave a Reply

Your email address will not be published.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

You May Also Like

China, Russia cement ties amidst western pressure

Moscow: On Dec 15, presidents Vladimir Putin and Xi Jinping agreed that…

Sweden lifts ban on Quran burning

A court in Sweden lifted a ban on Quran-burning protests that angered…

Palestine’s Abbas seeks support as Arab League concludes summit

  Palestinian President Mahmud Abbas addresses at the first Arab League summit…