Islamabad, April 23 -- The International Monetary Fund (IMF) has lowered Pakistan's GDP growth forecast for fiscal year 2025 to 2.6 percent.
In its April 2025 World Economic Outlook report, the IMF reduced Pakistan's growth estimate from 3% to 2.6%, becoming the second major international financial institution to cut the country's growth outlook for fiscal year 2024-25.
The revised forecast falls significantly short of the 3.6% growth target set by the Pakistani government for the fiscal year. For the next fiscal year, the IMF sees Pakistan's economic growth reaching 3.6%.
However, it has improved Pakistan's inflation outlook from nearly 10% to 5.1%, which is also expected to remain at 7.7% in the next fiscal year. In another positive de...