Islamabad, April 13 -- The Asian Development Bank (ADB) on Thursday said that Pakistans economic outlook is uncertain, with significant downside risks due to current political instability, media reported.

This uncertainty could jeopardize the sustainability of efforts aimed at stabilizing and reforming the economy, reported Pakistani news publication Dawn.

The Asian Development Outlook for April 2024, issued by the Manila-based lending institution, underscored the possibility of supply chain disruptions stemming from increased conflicts in the Middle East, which could have adverse effects on Pakistans economy.

With Pakistan leaning significantly on external financing and having weak reserves, the ADB stressed the critical role of ongoi...