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“In 2022, the economy is projected to grow by 5.5%, underpinned by higher output in mining, manufacturing, agriculture, construction, as well as accommodation and food services (tourism) sector. The 2022 growth projection is, however, subject to risks relating to the future path of the pandemic...”
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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 ha...