IMF lowers Pakistan’s FY25 GDP growth forecast to 2.6%

Staggering 42.4% of Pakistanis Now Live in Poverty, Says World Bank

ISLAMABAD: In 2025, Pakistan’s poverty rate is estimated to be 42.4 percent, with a population growth of nearly 2 percent annually. This translates to approximately 1.9 million additional people falling into poverty this year, according to a report by the World Bank. In its “Poverty & Equity Brief,” the Bank noted that despite a stabilizing economy and easing inflation, Pakistan’s 2.6 percent economic growth remains insufficient to reduce povert…

IMF cuts Pakistan’s growth forecast to 2.6% amid Tariff shocks

April 23, 2025 (MLN): The International Monetary Fund (IMF) has revised Pakistan’s economic growth projection downward to 2.6% for the current fiscal year, citing the ripple effects of unprecedented US tariffs and escalating global trade tensions. The latest figures were shared in an updated World Economic Outlook released on Tuesday, just ten days after US President Donald Trump imposed sweeping tariffs on nearly all trading partners, a move th…

IMF lowers Pakistan’s FY25 GDP growth forecast to 2.6%

ISLAMABAD: The International Monetary Fund (IMF) has revised downward GDP growth rate projection by 0.4 percent for Pakistan to 2.6 percent for fiscal year 2025 against earlier projection of 3 percent (January 2025). The Fund in its latest report, “World Economic Outlook (WEO) a critical juncture amid policy shifts”, projected GDP growth for Pakistan at 2.6 percent for 2025 and 3.6 percent for 2026. The IMF in January 2025 WEO had projected GDP …