{"id":100138,"date":"2024-10-23T11:35:34","date_gmt":"2024-10-23T06:35:34","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=100138"},"modified":"2024-10-23T12:40:30","modified_gmt":"2024-10-23T07:40:30","slug":"imf-projects-pakistan-gdp-growth","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/imf-projects-pakistan-gdp-growth.html","title":{"rendered":"IMF forecasts Pakistan’s GDP growth to hit 3.2% in FY25"},"content":{"rendered":"\n

Islamabad:<\/strong> The International Monetary Fund (IMF) has projected Pakistan’s GDP growth at 3.2% for the fiscal year 2025, up from 2.4% in FY24, as claimed in a news article on October 22.<\/p>\n\n\n\n

Read: <\/strong>Pakistan\u2019s external position strengthens as IMF releases first tranche<\/a><\/p>\n\n\n\n

According to the details, this forecast was revealed in the IMF\u2019s latest \u201cWorld Economic Outlook (WEO): Policy Pivot, Rising Threats\u201d report, released on Tuesday.<\/p>\n\n\n\n

The IMF’s projection aligns with other financial institutions’ estimates, though slight differences exist. The World Bank has projected Pakistan’s GDP growth at 2.8% for FY25, compared to 2.5% for FY24, marking it as the lowest growth in the region. Similarly, the Asian Development Bank (ADB) maintained its projection of 2.8 percent GDP growth for FY25.<\/p>\n\n\n\n

Read: <\/strong>UBG advocates for business relief, lower interest rates following IMF deal<\/a><\/p>\n\n\n\n

In terms of inflation, the IMF forecasts a decline to 9.5 % in FY25, down from a staggering 23.4% in FY24. However, consumer prices are expected to reach 10.6 percent by the end of FY25, compared to 12.6% in FY24. The report also highlighted a projected current account deficit of 0.9% of GDP in FY25, widening from a deficit of 0.2% in FY24. On a positive note, the IMF expects a drop in unemployment, forecasting a rate of 7.5% in FY25, compared to 8% in FY24.<\/p>\n","protected":false},"excerpt":{"rendered":"

Islamabad: The International Monetary Fund (IMF) has projected Pakistan’s GDP growth at 3.2% for the fiscal year 2025, up from 2.4% in FY24, as claimed in a news article on October 22. Read: Pakistan\u2019s external position strengthens as IMF releases first tranche According to the details, this forecast was revealed in the IMF\u2019s latest \u201cWorld Economic Outlook (WEO): Policy Pivot, Rising Threats\u201d report, released on Tuesday. The IMF’s projection aligns with other financial institutions’ estimates, though slight differences exist. The World Bank has projected Pakistan’s GDP growth at 2.8% for FY25, compared to 2.5% for FY24, marking it as the lowest growth in the region. Similarly, the Asian Development Bank (ADB) maintained its projection of 2.8 percent GDP growth for FY25. Read: UBG advocates for business relief, lower interest rates following IMF deal In terms of inflation, the IMF forecasts a decline to 9.5 % in FY25, down from a staggering 23.4% in FY24. However, consumer prices are expected to reach 10.6 percent by the end of FY25, compared to 12.6% in FY24. The report also highlighted a projected current account deficit of 0.9% of GDP in FY25, widening from a deficit of 0.2% in FY24. On a positive note,…<\/p>\n","protected":false},"author":88,"featured_media":87304,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15019],"tags":[58007,21797,58594],"persona":[],"class_list":{"0":"post-100138","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-research-analysis","8":"tag-imf-news-and-updates","9":"tag-international-monetary-fund-imf","10":"tag-pakistan-government-news-and-updates","11":"cat-15019-id"},"acf":[],"yoast_head":"\nIMF Projects Pakistan's GDP Growth - Zameen News<\/title>\n<meta name=\"description\" content=\"The IMF has raised Pakistan's GDP growth forecast to 3.2% for fiscal year 2025, up from 2.4% in FY24, highlighting economic recovery.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/imf-projects-pakistan-gdp-growth.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IMF Projects Pakistan's GDP Growth - 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