Abb Takk News

World Bank Releases Report On Pakistan Economy

ISLAMABAD:  World Bank has issued a report on Pakistan economy predicting Pakistan growth rate of current fiscal year to remain at 3.4.

According to details after Asian Development Bank (ADB), now World Bank as well predicted a decrease in growth rate.

The World Bank report said that Pakistan growth rate will shrink by 2.7 and commodities will be utilized less in number.

The report said that Pakistan export will increase gradually however services sectors growth rate likely to decrease by 4.4 per cent in the current fiscal year.

It is also predicted that Pakistan growth rate in agriculture and industry will also be less at a major extent while if the government took emergency measures growth rate will jump to 4 per cent until the year 2021.