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Your email address will not be published.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

North Korea reports first Covid-19 case, declares emergency

State media said Thursday that North Korea had confirmed its first-ever case…

Sindh initiates ‘Floating Solar Power’ for electricity consumers

Aimed to provide relief to electricity consumers, Sindh government initiated a ‘Floating…

Israel intercepts missile launched by Houthis in Yemen

The Israeli military said it shot down a missile fired from Yemen…

Discontent spreads in Turkey as energy prices surge

Istanbul: On Feb 8, Shopkeepers, city councils and a religious community group…