Daily Times
The International Monetary Fund (IMF) endorsed Pakistan’s real Gross Domestic Product (GDP) growth rate of 3.9pc.
In its World Economic Outlook report 2021 (Update), the IMF also acknowledged Pakistan’s robust economic performance and said that “Projections are revised up for the Middle East and Central Asia due to robust activity in some countries (such as… Pakistan).
Earlier, in April this year, the IMF had projected Pakistan’s real GDP to grow at 1.5pc in the year 2021 despite a higher projected rate of 3.0pc by the State Bank of Pakistan (SBP).
Pakistan government had already released the provisional data of GDP growth rate (3.9pc) for the year 2020-21 backed by robust industrial growth and higher than expected agriculture output.
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