business

January 10, 2025

ADB revises Pakistan’s FY25 growth forecast to 3pc

Asian Development Bank can be seen in this picture released on April 25, 2018. — X@ADB_HQ  ISLAMABAD: The Asian Development Bank , in its recent publication, has revised Pakistan’s growth forecast to 3.0 per cent during the fiscal year 2024-25 as opposed to the previous figure of 2.8 per cent projected in September 2024.Greater macroeconomic stability, following the approval of the new International Monetary Fund programme under the Extended Fund Facility, will support recovery, reads...