The International Monetary Fund has issued its World Economic Outlook Report (IMF). Pakistan’s economic growth, inflation, and current account deficit objectives will not be attained this year, according to the IMF’s World Economic Outlook.
Economic growth is predicted to be 4% this year, up from 4.8 percent this year and 4.2 percent next year, according to the research. GDP climbed by 5.6 percent in the preceding fiscal year.
Despite the government’s yearly target of 8%, inflation in Pakistan is anticipated to continue in the double digits of 11.2 percent this year, according to the research.
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