Islamabad: The International Monetary Fund (IMF) says that in the current fiscal year 2023-24, Pakistan’s economic growth rate is likely to be 2.5 percent, while unemployment is likely to decrease from 8.5 percent to 8 percent.
IMF has released a report on Pakistan’s economic performance, in which it is said that the economic growth rate is likely to be 2.5 percent in the current fiscal year 2023-24.
Last fiscal year, Pakistan’s economic performance was negative 0.5 percent, while the government Last year’s GDP growth was claimed to be positive at 0.3 percent.
It is now projected that unemployment will drop from 8.5% to 8% in 2024. Average inflation is predicted to drop from 29.6% to 25.9% this year, while the fiscal deficit this year It is possible to remain seven and a half percent with a slight decrease. According to the IMF, the primary surplus of GDP is 0.