World Bank Cuts Pakistan’s GDP Forecast To 0.4% | MoneyCurve | Dawn News English |
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The World Bank now expects Pakistan’s economy to grow 0.4% in the current year – a significant decline from its October forecast of 2% growth.
The international bank says the country’s economic growth prospects have weakened due to tighter financial conditions and limited fiscal space. The forecast assumes an agreement is reached with the IMF for bailout funds, it said. Official Facebook: https://www.facebook.com/dawndotcom/ Official Twitter: https://twitter.com/dawn_com Website: www.dawn.com Official Instagram: https://www.instagram.com/dawnnewsenglish #dawnnewsenglish #dawnnews #dawn #pakistan #pakistannews #englishnews #businessnews #news #worldbank #imf #imfpakistan |