19-January-2022
Economy News
 
Pakistan to grow at 3.4% in current fiscal: World Bank
14-Jan-2022

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/