AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Islamabad: Asian Development Bank: Pakistan’s economy is showing signs of stability and recovery with growth in current fiscal year.
According to Radio Pakistan, Pakistan’s real GDP is expected to grow by 2.5 percent this year.
ADB says Pakistan’s growth is projected to tick up to 3.0 percent in the next fiscal year. The growth outlook is being helped by a more stable macroeconomic position, aided by the International Monetary Fund Extended Fund Facility arrangement that began in October 2024.
The report mentioned that Pakistan’s economy has benefitted from improved macroeconomic stability through robust reform implementation in areas such as tax policy and energy sector viability.