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Pakistan’s economy to grow by 2 pct in current fiscal year: World Bank

januari 12, 2023by Reacties uitgeschakeld voor Pakistan’s economy to grow by 2 pct in current fiscal year: World Bank

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ISLAMABAD, Jan. 12 (Xinhua) — The World Bank has forecasted that Pakistan’s economy is expected to grow by 2 percent in the current fiscal year, down by 2 percentage points from its June 2022 estimates.

The World Bank in its recent Global Economic Prospects report attributed the slowdown to “an already precarious economic situation, with low foreign exchange reserves and large fiscal and current account deficit

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