{"id":66893,"date":"2020-06-20T21:45:00","date_gmt":"2020-06-20T16:45:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=66893"},"modified":"2020-06-19T15:45:13","modified_gmt":"2020-06-19T10:45:13","slug":"adb-predicts-economic-recovery-2-growth","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/adb-predicts-economic-recovery-2-growth.html","title":{"rendered":"ADB predicts economic recovery with 2% growth"},"content":{"rendered":"\n<p>Islamabad: The Asian Development Bank (ADB) has predicted a nominal economic recovery of 2% during Fiscal Year (FY) 2020-21 in light of the ongoing coronavirus pandemic \u2014 a news source reported. Pakistan\u2019s economy had contracted 0.4% during FY2019-20.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/adb-wb-provide-usd-4bn-budget-support-pakistan-covid-19-spread.html\" target=\"_blank\" rel=\"noreferrer noopener\">ADB, WB to provide USD 4bn in budget support to Pakistan amid COVID-19 spread<\/a><\/p>\n\n\n\n<p>Moreover, as per an ADB supplement titled the Asian Development Outlook 2020, it was further predicted that Pakistan\u2019s inflation rate would remain 11% during the current fiscal year \u2014 with the rate expected to fall to 8% during FY2020-21. &nbsp;<\/p>\n\n\n\n<p>The report additionally notes that Pakistan was on the path to recovery before the coronavirus pandemic hit, and once the virus\u2019s impact has dissipated, the country will address its macroeconomic imbalances and introduce appropriate reforms once again. At the same time, a 2% economic growth is also expected soon.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/pakistani-economy-showing-signs-stability-adb.html\" target=\"_blank\" rel=\"noreferrer noopener\">Pakistani economy showing signs of stability: ADB report<\/a><\/p>\n\n\n\n<p>ADB also notes that South Asia\u2019s economy, in general, will contract by 3% during 2020. India\u2019s economy is expected to contract by 4% during this period; however, is expected to grow 5% in 2021.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Asian Development Bank (ADB) has predicted a nominal economic recovery of 2% during Fiscal Year (FY) 2020-21 in light of the ongoing coronavirus pandemic \u2014 a news source reported. Pakistan\u2019s economy had contracted 0.4% during FY2019-20. Read: ADB, WB to provide USD 4bn in budget support to Pakistan amid COVID-19 spread Moreover, as per an ADB supplement titled the Asian Development Outlook 2020, it was further predicted that Pakistan\u2019s inflation rate would remain 11% during the current fiscal year \u2014 with the rate expected to fall to 8% during FY2020-21. &nbsp; The report additionally notes that Pakistan was on the path to recovery before the coronavirus pandemic hit, and once the virus\u2019s impact has dissipated, the country will address its macroeconomic imbalances and introduce appropriate reforms once again. At the same time, a 2% economic growth is also expected soon. Read: Pakistani economy showing signs of stability: ADB report ADB also notes that South Asia\u2019s economy, in general, will contract by 3% during 2020. India\u2019s economy is expected to contract by 4% during this period; however, is expected to grow 5% in 2021.<\/p>\n","protected":false},"author":57,"featured_media":63438,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[32330,32329],"persona":[],"class_list":{"0":"post-66893","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-adb-predictions","9":"tag-adb-predicts-economic-recovery-with-2-growth","10":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ADB predicts economic recovery with 2% growth - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The Asian Development Bank (ADB) has predicted a nominal economic recovery of 2% during Fiscal Year (FY) 2020-21 in light of the ongoing coronavirus pandemic \u2014 a news source reported.\" \/>\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\/adb-predicts-economic-recovery-2-growth.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ADB predicts economic recovery with 2% growth - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The Asian Development Bank (ADB) has predicted a nominal economic recovery of 2% during Fiscal Year (FY) 2020-21 in light of the ongoing coronavirus pandemic \u2014 a news source reported.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/adb-predicts-economic-recovery-2-growth.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2020-06-20T16:45:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/03\/ADB.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1170\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Muhammad Farhad\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Muhammad Farhad\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"ADB predicts economic recovery with 2% growth - Zameen News","description":"Islamabad: The Asian Development Bank (ADB) has predicted a nominal economic recovery of 2% during Fiscal Year (FY) 2020-21 in light of the ongoing coronavirus pandemic \u2014 a news source reported.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zameen.com\/news\/adb-predicts-economic-recovery-2-growth.html","og_locale":"en_US","og_type":"article","og_title":"ADB predicts economic recovery with 2% growth - Zameen News","og_description":"Islamabad: The Asian Development Bank (ADB) has predicted a nominal economic recovery of 2% during Fiscal Year (FY) 2020-21 in light of the ongoing coronavirus pandemic \u2014 a news source reported.","og_url":"https:\/\/www.zameen.com\/news\/adb-predicts-economic-recovery-2-growth.html","og_site_name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","article_publisher":"https:\/\/www.facebook.com\/ZameenPK","article_published_time":"2020-06-20T16:45:00+00:00","og_image":[{"width":1170,"height":400,"url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/03\/ADB.jpg","type":"image\/jpeg"}],"author":"Muhammad Farhad","twitter_card":"summary_large_image","twitter_creator":"@ZameenProperty","twitter_site":"@ZameenProperty","twitter_misc":{"Written by":"Muhammad Farhad","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.zameen.com\/news\/adb-predicts-economic-recovery-2-growth.html#article","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/adb-predicts-economic-recovery-2-growth.html"},"author":{"name":"Muhammad Farhad","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/9fc1132e74cdd346f201633b8d1cebc9"},"headline":"ADB predicts economic recovery with 2% growth","datePublished":"2020-06-20T16:45:00+00:00","mainEntityOfPage":{"@id":"https:\/\/www.zameen.com\/news\/adb-predicts-economic-recovery-2-growth.html"},"wordCount":185,"commentCount":0,"publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"image":{"@id":"https:\/\/www.zameen.com\/news\/adb-predicts-economic-recovery-2-growth.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/03\/ADB.jpg","keywords":["ADB Predictions","ADB predicts economic recovery with 2% growth"],"articleSection":["Notices &amp; Announcements"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.zameen.com\/news\/adb-predicts-economic-recovery-2-growth.html#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.zameen.com\/news\/adb-predicts-economic-recovery-2-growth.html","url":"https:\/\/www.zameen.com\/news\/adb-predicts-economic-recovery-2-growth.html","name":"ADB predicts economic recovery with 2% growth - Zameen News","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.zameen.com\/news\/adb-predicts-economic-recovery-2-growth.html#primaryimage"},"image":{"@id":"https:\/\/www.zameen.com\/news\/adb-predicts-economic-recovery-2-growth.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/03\/ADB.jpg","datePublished":"2020-06-20T16:45:00+00:00","description":"Islamabad: The Asian Development Bank (ADB) has predicted a nominal economic recovery of 2% during Fiscal Year (FY) 2020-21 in light of the ongoing coronavirus pandemic \u2014 a news source reported.","breadcrumb":{"@id":"https:\/\/www.zameen.com\/news\/adb-predicts-economic-recovery-2-growth.html#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.zameen.com\/news\/adb-predicts-economic-recovery-2-growth.html"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/adb-predicts-economic-recovery-2-growth.html#primaryimage","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/03\/ADB.jpg","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/03\/ADB.jpg","width":1170,"height":400},{"@type":"BreadcrumbList","@id":"https:\/\/www.zameen.com\/news\/adb-predicts-economic-recovery-2-growth.html#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.zameen.com\/news"},{"@type":"ListItem","position":2,"name":"ADB predicts economic recovery with 2% growth"}]},{"@type":"WebSite","@id":"https:\/\/www.zameen.com\/news\/#website","url":"https:\/\/www.zameen.com\/news\/","name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","description":"","publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.zameen.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.zameen.com\/news\/#organization","name":"Zameen.com","alternateName":"Zameen","url":"https:\/\/www.zameen.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","width":600,"height":300,"caption":"Zameen.com"},"image":{"@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ZameenPK","https:\/\/x.com\/ZameenProperty","https:\/\/www.instagram.com\/zameenpk\/"]},{"@type":"Person","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/9fc1132e74cdd346f201633b8d1cebc9","name":"Muhammad Farhad","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/13eadb15a0125b6648e56703aaf7543058fea376b06a73209cde68f09b9b093d?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/13eadb15a0125b6648e56703aaf7543058fea376b06a73209cde68f09b9b093d?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/13eadb15a0125b6648e56703aaf7543058fea376b06a73209cde68f09b9b093d?s=96&d=mm&r=g","caption":"Muhammad Farhad"},"description":"Muhammad Farhad is a Content Developer at Zameen.com.","url":"https:\/\/www.zameen.com\/news\/author\/farhad-hassan"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/66893","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/users\/57"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/comments?post=66893"}],"version-history":[{"count":1,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/66893\/revisions"}],"predecessor-version":[{"id":66894,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/66893\/revisions\/66894"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media\/63438"}],"wp:attachment":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media?parent=66893"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/categories?post=66893"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/tags?post=66893"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/persona?post=66893"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}