Pakistan, Feb. 11 -- State Bank of Pakistan (SBP) Governor Jameel Ahmad expects Pakistan's economy to grow up to 4.75% in fiscal year 2026, surpassing the IMF's recent forecast. Ahmad argued that the recovery is broader and more durable than headline export data suggest. His outlook contrasts with the IMF's downgrade, which incorporated flood-related assessments.

The SBP raised its FY26 growth forecast to 3.75-4.75%, half a percentage point higher than its previous range. Ahmad said high-frequency indicators, strong manufacturing growth, and resilient agriculture point to a broad-based economic rebound. He highlighted that floods did not derail agricultural performance and that activity exceeded SBP targets.

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