SBP chief sees growth up to 4.75% despite IMF downgrade

SBP chief sees growth up to 4.75% despite IMF downgrade

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%, 0.5% points higher than its previous range, despite a contrac…