Tag Archives: WB revises growth forecast down to 0.5pc

ISLAMABAD: Pakistan’s economic growth rate for the current fiscal year is forecast to remain subdued at 0.5 per cent even though the global economy may expand by 4pc in 2021. “In Pakistan, the recovery is expected to be subdued, with growth at 0.5pc in FY2020-21”, said the World Bank on Tuesday in its Global Economic Prospects (GEP) 2021. Growth is …

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