ISLAMABAD, Jan 18: The International Monetary Fund (IMF) has updated Pakistan’s economic outlook, lowering its projected Gross Domestic Product (GDP) growth for 2025 to 3%, down from the 3.2% estimate made three months prior, as reported by the media on Saturday.
This adjustment is part of a broader global economic evaluation included in the IMF’s “World Economic Outlook Update: Global Growth – Divergent and Uncertain,” according to The Express Tribune.
The IMF’s revised forecasts also predict that Pakistan’s GDP growth will stabilize at 4% in 2026. However, the recent downgrade underscores persisting economic difficulties in the country, even though the IMF has not specified the reasons for this revision.
This correction aligns with the recent forecast from the Asian Development Bank (ADB), which updated Pakistan’s growth prediction to 3% for the fiscal year 2024-25, a slight increase from the earlier estimate of 2.8%.
Both organizations have acknowledged the hurdles facing Pakistan’s economy while expressing a cautiously optimistic view for the medium-term, the report indicated.
On a global scale, the IMF anticipates a growth rate of 3.3% for both 2025 and 2026, slightly below the historical average of 3.7%. (PTI)
