Islamabad (HRNW)- The Asian Development Bank has released a fresh report on Pakistan’s economic situation, which states that the country’s economy is gradually improving, but risks still exist.
According to the report, Pakistan’s economic growth rate is likely to be 3.5 percent in the current fiscal year, while it is predicted to increase to 4.5 percent in the next fiscal year.
The Asian Development Bank has said in its report that there is a risk of inflation and pressure on the economy due to the ongoing tensions in the Middle East.
According to the report, the inflation rate is likely to be 6.4 percent in the fiscal year 2026, while it may increase to 6.5 percent in the fiscal year 2027.
According to experts, despite economic improvement, external factors and the global situation may affect Pakistan’s economic performance, therefore, the need for cautious economic policy remains.
Support independent journalism and humanitarian efforts by donating here:
www.hrnww.com/?page_id=1083
