Asian Development Bank upgrades Pakistan’s economic growth rate to 3.5pc

ISLAMABAD: The Asian Development Bank (ADB) on Friday upgraded Pakistan’s economic growth rate to 3.5 per cent for the current fiscal year, but warned of downside risk from global economic uncertainty amid the Middle East crisis. “Pakistan is expected to sustain its economic performance in the medium term, with real gross domestic product (GDP) growth forecast at 3.5pc in FY2026 and 4.5pc in FY2027, from 3.1pc in FY2025, as manufacturing recovers and investment increases“, the Manila-based le...

By none@none.com (Khaleeq Kiani)