Floods vs Economy: WB warns Pakistan’s FY26 growth at risk
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3 Articles
Floods vs Economy: WB warns Pakistan’s FY26 growth at risk
Pakistan’s economy is projected to grow by 3% in the fiscal year ending June 2026 as recent floods continue to weigh on growth prospects. According to a report by the World Bank, the growth rate mirrors FY25, when the economy expanded by 3%, up from 2.6% in FY24, reflecting a rebound in industrial activity and services. “Pakistan’s recent floods have imposed significant human costs and economic losses, dampening growth prospects, and adding pres…
WB projects economic growth in Pakistan to remain at 3pc in FY26 due to flood impact
Pakistan’s economy has expanded by three per cent in fiscal year 2025 (FY25), the World Bank said in a report on Tuesday, but cautioned that growth is likely to remain the same in the next fiscal year due to the impacts of the recent floods. Earlier this month, the WB had cut its growth forecast for Pakistan by half a per cent to 2.6pc for the current fiscal year due to the recent floods, which are also expected to push up inflation to 7.2pc. It…
World Bank Sees Pakistan Economy Growth at 3pc in FY26
The World Bank report on Pakistan’s economy revealed that the country’s GDP expanded by 3% during the fiscal year 2025 (FY25), up from 2.6% the previous year. However, it cautioned that growth is likely to remain subdued in the next fiscal year as the devastating floods continue to impact the agriculture sector. Released under the […] The post World Bank Sees Pakistan Economy Growth at 3pc in FY26 appeared first on TechJuice.
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