ISLAMABAD: The International Monetary Fund (IMF) has projected three percent growth for Pakistan’s economy in 2025.
As per details, the IMF released the World Economic Outlook report in which it painted a picture of a subdued global economy for the year ahead.
The report stated that the global growth to remain modest at 3.3% in both 2025 and 2026. The advanced economies like the UK are expected to see slower growth compared to emerging markets, including Pakistan.
According to the Outlook report, Pakistan’s economic growth is likely to be 3 percent in the current fiscal year and 4 percent in the next fiscal year.
The UK’s economic growth is predicted to be 1.6 percent in the current fiscal year and 1.5 percent in the next fiscal year.
The report says that India’s economic growth is likely to be 6.5 percent in the current fiscal year and 6.5 percent in the next fiscal year.
The US’s economic growth is predicted to be 2.7 percent in the current fiscal year and 2.1 percent in the next fiscal year.
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The Outlook report says that China’s economic growth is likely to be 4.6 percent in the current fiscal year and 4.5 percent in China’s economic growth is likely to be 4.5 percent in the next fiscal year.
The UK’s economic growth is predicted to be 1.6 percent in the current fiscal year and 1.5 percent in the next fiscal year.
Earlier, the IMF had predicted that Pakistan’s growth rate would be 3.2 percent.
