The International Monetary Fund (IMF) has released the World Economic Outlook Report in which it is predicted that the economic growth rate of Pakistan in the current financial year is likely to be 3 percent.
The IMF said that the government’s economic growth target for the current fiscal year is 3.6 percent, while Pakistan’s economic growth is likely to go up to 4 percent in the next fiscal year.
On the other hand, India’s economic growth rate may be 6.5 percent in the current fiscal year, while India’s economic growth is likely to be 6.5 percent in the next fiscal year as well.
According to the report, the US economic growth rate is expected to be 2.7 percent this fiscal year, while the US economic growth rate is predicted to fall to 2.1 percent in the next fiscal year.
China’s economic growth is expected to be 4.6 percent this fiscal year, and China’s economic growth is forecast to be 4.5 percent next fiscal year.
UK economic growth is expected to be 1.6% this fiscal year, while UK economic growth is forecast to be 1.5% next fiscal year.
