World Bank reduces Pakistan’s GDP growth prospects

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).