Pakistan, July 23 -- The Asian Development Bank (ADB) has kept its economic outlook for Pakistan unchanged for the current fiscal year. In its Asian Development Outlook report, ADB maintained Pakistan's GDP growth forecast at 3%. It also kept the average inflation estimate at 5.8%, showing no revisions since its April 2025 report.

This projection contrasts with the targets set by Pakistan's federal government. The government aims for a 4.2% GDP growth rate for the ongoing fiscal year. Additionally, it has set the inflation target at 7.5%, which is notably higher than ADB's estimate.

The report indicates that ADB does not foresee major shifts in Pakistan's economic indicators in the short term. While economic activity may improve gradual...