ISLAMABAD: The World Bank predicted Pakistan’s economic growth to slow further to 2% during the current year. The new forecast of the World Bank about economic growth of Pakistan is …
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Economy
Floods 2022: World bank cuts Pakistan’s GDP growth forecast to 2pc in FY-23
by Hamza Irshadby Hamza IrshadFor the fiscal year 2022–2023, the World Bank forecasted a growth rate of 2% for Pakistan, which is a 2% decrease from its earlier estimates from April and June 2022. …
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EconomyLatest UpdatesNational
Pakistan’s economic activities are rebounding, inflation to stay high: WB Report
Inflation is projected to edge up in FY22 with the domestic electricity tariff hikes announced in October 2021, and higher oil and commodity prices before moderating in FY23.
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Many studies indicate that remittances tend to increase when receiving households experience disasters or recessions.