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Pakistan central bank chief expects broader recovery than IMF forecast

The State Bank of Pakistan raised its FY26 growth forecast to 3.75-4.75% citing broad recovery and eased financial conditions after cumulative 1,150 basis-point rate cuts.

Summary by WTVB
By Ariba Shahid KARACHI, Feb 11 (Reuters) – Pakistan’s central bank chief expects the economy to grow as much as 4.75% this fiscal year, pushing back against a recent downgrade by the International Monetary Fund. Governor Jameel Ahmad, in written responses to Reuters, argued the ​recovery is broader and more durable than headline export data suggest. The State Bank of ‌Pakistan (SBP) raised its FY26 growth forecast to 3.75–4.75% at its January m…

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WTVB broke the news in on Wednesday, February 11, 2026.
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