World Bank Offers Dimmer Outlook For Pakistan’s Economy | MoneyCurve | Dawn News English
The World Bank has projected Pakistan’s economy to grow by two per cent in the next fiscal year, compared to the 3.5pc target set by the National Economic Council on Tuesday. “In Pakistan, the lasting effects of the August 2022 floods, along with policy uncertainty and limited foreign exchange resources to pay for imports of food, energy, and intermediate inputs, have depressed activity, with industrial production contracting by about 25pc in the year to March 2023,” the bank said in its latest Global Economic Prospects report, released on Tuesday. Full story: https://www.dawn.com/news/1758400/wor... Official Facebook: / dawndotcom Official Twitter: / dawn_com Website: www.dawn.com Official Instagram: / dawnnewsenglish #worldbank #pakistaneconomy #southasia #srilanka #pakistannews #news #pakistanlivenews #latestnews #latestnewspakistan #pakistannewstoday #dawnnewsenglish #dawnnews #pakistan
