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IMF sticks to 2.5% growth forecast for Pakistan

 Published: 12:01, 11 October 2023

IMF sticks to 2.5% growth forecast for Pakistan

The International Monetary Fund (IMF) on Tuesday kept Pakistan’s economic growth forecast unchanged at 2.5% but slashed inflation rate to 23.6% for the current fiscal year, in a move that is largely in line with official projections.

The global lender released its flagship report, the World Economic Outlook, at the start of annual meetings in Morocco.

It left Pakistan’s economic growth projection unchanged at 2.5%, which is lower than the official target by 1%. But it is consistent with the figure the IMF gave in its last report.

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