Asian Development Bank (ADB) says Pakistan’s economy is showing signs of stability and recovery with growth in current fiscal year.
According to the Asian Development Outlook of this month, Pakistan’s real GDP is expected to grow by 2.5 percent this year.
ADB says Pakistan’s growth is projected to tick up to 3.0 percent in next fiscal year.
The growth outlook is being helped by a more stable macroeconomic position helped by the International Monetary Fund Extended Fund Facility arrangement that began in October 2024.
The report mentioned that Pakistan's economy has benefitted from improved macroeconomic stability through robust reform implementation in areas such as tax policy and energy sector viability.