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IMF predicts 3% growth for Pakistani economy

India's economic growth is projected at 6.5% for both the current and next fiscal years
Published 17 Jan, 2025 11:34pm

The International Monetary Fund (IMF) released its latest World Economic Outlook report, projecting Pakistan’s economic growth at 3% for the current fiscal year and 4% for the next.

The report offers a mixed outlook for global economies, with varying predictions for major world powers.

India’s economic growth is projected at 6.5% for both the current and next fiscal years. The United States is expected to see a 2.7% growth rate this year, slowing to 2.1% in the following year.

China’s growth is forecast at 4.6% for the current fiscal year and 4.5% for the next. Finally, the UK is predicted to experience a 1.6% growth rate this year, followed by 1.5% next year.

The IMF report highlights the diverse economic trajectories of major global economies, with Pakistan’s growth rate falling below that of several other nations.

International Monetary Fund