IMF forecasts higher inflation, lower growth

Updated 16 Oct, 2019

The current account balance is projected at negative 2.6 percent for 2020 compared to negative 4.6 percent for 2019.

The World Bank (WB) has also projected Pakistan's GDP growth rate at 2.4 percent, inflation at 13 percent and current account balance at 2.6 percent of GDP. The Asian Development Bank (ADB) projected Pakistan's GDP growth rate 2.8 percent, inflation at 12 percent and current account balance at 2.8 percent of GDP.

Copyright Business Recorder, 2019

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