Economy News
Pakistan to grow at 3.4% in current fiscal: World Bank

Pakistan’s economy is expected to grow by 3.4 per cent in the current fiscal year, benefiting from structural reforms and increasing export competitiveness, the World Bank has forecast. Cash-strapped Pakistan recorded growth last year, surprising experts. Improved domestic demand, record-high remittance inflows, a narrow targeting of COVID-19 lockdowns, and accommodative monetary policy were responsible for it, the World Bank said on Wednesday in its Global Economic Prospects report, 2022.

News Source:- https://www.financialexpress.com/economy/pakistan-to-grow-at-3-4-in-current-fiscal-world-bank/2405969/