A man reads the newspaper while selling Bétel leaves, known as the saucepan, cigarettes and candy in a shop in Karachi. – Reuters / File Unemployment to remain stable at 8%. Inflation was observed at 7.7% next year. Current account deficit to reach 0.4%. Islamabad: The International Monetary Fund (IMF) lowered Pakistan’s economic growth projection … Read more
A man walks with bags of supplies on his shoulder to deliver them to a nearby store at a market in Karachi, Pakistan, June 11, 2024. — Reuters The IMF forecasts Pakistan’s GDP growth of 4% in 2026. Expects a 2.6% drop in energy commodity prices in 2025. It forecasts a 2.5% increase in the … Read more
A shopkeeper uses a calculator while selling spices and groceries at a store in Karachi June 11, 2021. — Reuters The economic plan plans to attract $29 billion in investments. The GDP growth target has been envisaged at 6% till the financial year 2028-29. “Uraan Pakistan” must focus on export-led growth, says Ahsan Iqbal. ISLAMABAD: … Read more
An Indian petrol pump employee counts Indian currency in Siliguri. — AFP/file NEW DELHI: India’s economic growth slowed to 5.4% year-on-year in the September quarter, official data showed on Friday, a significant decline from 6.7% in the previous quarter. Friday’s figure still places the world’s most populous country among the world’s fastest-growing major economies, but … Read more