02

Oct

Raising Pakistani living standards and economic resilience

By Esther Perez Ruiz Published in The News on October 02, 2024 DESPITE a challenging external environment and the devastating floods of 2022, Pakistan has managed to restore economic and financial stability over the past year. Since the launch of the Stand-By Arrangement in July 2023, confidence in policymaking has improved, inflation has reached its lowest level […]

01

Oct

Pakistan’s GDP grew at underwhelming 2.52pc last fiscal

By Mehtab Haider Published in The News on October 01, 2024 ISLAMABAD: Pakistan’s GDP growth figure has slightly witnessed an upward revision (0.14 percent) in revised figures of the last fiscal year and stood at 2.52 percent against earlier provisional growth rate figures of 2.38 percent for 2023-24. The fiscal year for 2023-24 ended on June 30,[…]

IMF raises Pakistan’s growth forecast

By Shahbaz Rana Published in The Express Tribune on September 29, 2024 ISLAMABAD: The International Monetary Fund (IMF) on Saturday increased Pakistan’s economic growth forecast to 3.2% and cut inflation projection to a single digit amid caution by its executive board that ambitious growth targets should not be chased at the expense of debt sustainability. The IMF[…]