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'Pakistan needs careful economic management to get stability' - Vimarsana News

'Pakistan needs careful economic management to get stability'

The poverty headcount in country is estimated to have reached 39.4% in FY23, says report

Fiscal Reforms Are Critical for Economic Stability, Sustainable Growth in Pakistan - Vimarsana News

Fiscal Reforms Are Critical for Economic Stability, Sustainable Growth in Pakistan

ISLAMABAD —Pakistan’s economy slowed sharply in FY23 with real GDP estimated to have contracted by 0.6%. According to the World Bank’s latest Pakistan Development Update: Restoring Fiscal Sustainability, released today, the decline in economic activi

Pakistan's GDP projected to recover to 1.7% in FY24: World Bank - Pakistan - Vimarsana News

Pakistan's GDP projected to recover to 1.7% in FY24: World Bank - Pakistan

This is 'predicated on the robust implementation of the IMF Stand-By Arrangement, new external financing and continued fiscal restraint'

Poverty headcount in Pakistan reached 39.4% in FY23, projects World Bank - Pakistan - Vimarsana News

Poverty headcount in Pakistan reached 39.4% in FY23, projects World Bank - Pakistan

Expects poverty reduction to be gradual in the medium term, owing to weak growth and lower labor income, persistent inflation (especially for food and energy), and lower remittances

Fiscal reforms critical for economic stability, sustainable growth in Pakistan: World Bank - Business - Vimarsana News

Fiscal reforms critical for economic stability, sustainable growth in Pakistan: World Bank - Business

Says Pakistan's economy slowed sharply in FY 2023, emphasises need for "careful economic management" to maintain macroeconomic stability.

Source: dawn.com