WEB DESK: The International Monetary Fund (IMF) has revised cash-strapped Pakistan’s economic outlook, downgrading its projected Gross Domestic Product (GDP) growth for 2025 from3.2% to 3%
The International Monetary Fund (IMF) has revised Pakistan’s GDP growth forecast for the year 2025, projecting a modest 3% growth rate, this adjustment reflects the ongoing economic challenges the country faces, including inflationary pressures, fiscal deficits, and structural issues within various sectors.
The IMF’s revised outlook underscores concerns over Pakistan’s economic recovery, which has been hindered by factors such as external debt, energy shortages, and political instability. The organization had previously forecast a higher growth rate for Pakistan, but the latest revision comes as global and domestic conditions have continued to exert pressure on the economy.
The IMF’s report also highlights the need for continued fiscal reforms, improved governance, and investment in key sectors to stimulate growth. Pakistan’s government has been urged to implement measures to enhance economic stability and boost investor confidence.
Economists have emphasized that achieving this growth will require a concerted effort in managing inflation, boosting exports, and attracting foreign investment, all while ensuring social and infrastructural development to support long-term economic stability.