The International Monetary Fund (IMF) has released its latest “World Economic Outlook” report, forecasting Pakistan’s economic growth at 3% for the current fiscal year and 4% for the next.
The report provides a mixed outlook for global economies, with varying predictions for major world powers.
India’s economic growth is projected at 6.5% for both the current and next fiscal years.
The United States is expected to see a 2.7% growth rate this year, slowing to 2.1% in the following year.
China’s growth is forecast at 4.6% for the current fiscal year and 4.5% for the next.
Finally, the UK is predicted to experience a 1.6% growth rate this year, followed by 1.5% next year.
The IMF report highlights the diverse economic trajectories of major global economies, with Pakistan’s growth rate falling below that of several other nations.
