The growth rate will remain subject to downside risks, but the economic growth rate will increase to 3.1% in the next fiscal year, 2026, the report.
Commerce Reporter Daily Dawn + Dawn TV Report
Washington: The World Bank has slightly lowered Pakistan’s growth forecast for the current fiscal year to 2.7%, citing continued headwinds due to tight monetary and fiscal policies despite economic stability.
Earlier, the World Bank had predicted Pakistan’s economic growth rate to be 2.8% during the current fiscal year in the Pakistan Development Update (PDU) released in October last year.
The World Bank said that growth will remain subject to many downside risks, but forecast economic growth to accelerate to 3.1 percent in the next fiscal year (FY26) and 3.4 percent in FY27.
In an unusual move, the World Bank did not formally release its usual 2-year PDU, which was scheduled to be officially launched on April 8, and postponed it at the last minute without any explanation.
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