IMF maintains Pakistan’s GDP growth estimate at 3.5% for FY25

MG News | July 17, 2024 at 05:03 PM GMT+05:00

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July 17, 2024 (MLN): The International Monetary Fund (IMF) has maintained Pakistan's GDP growth rate projection at 3.5% for the fiscal year 2025.

In its latest World Economic Outlook (WEO) report released on Tuesday, the global lender noted that Pakistan's GDP is projected to grow by 3.5% in FY25, compared to an estimated growth of 2% in FY24.

That compares with the Pakistan Bureau of Statistics' estimate of 2.4% for FY24, and the government's target of 3.6% for FY25.

The growth projection for FY25 is unchanged from the IMF's April WEO report.

Meanwhile, IMF has projected global growth at 3.2% in 2024 and 3.3% in 2025.

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Name	Price/Vol	%Chg/NChg
KSE100	139,390.42 291.21M	0.71% 978.17
ALLSHR	86,260.96 576.29M	0.65% 558.00
KSE30	42,618.60 119.41M	0.86% 363.76
KMI30	196,907.86 123.77M	1.44% 2798.27
KMIALLSHR	57,276.87 259.26M	0.99% 563.20
BKTi	37,820.27 20.77M	-0.03% -11.06
OGTi	28,214.64 47.07M	2.82% 774.00

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	119,080.00	119,785.00 117,905.00	1460.00 1.24%
BRENT CRUDE	71.17	72.82 71.00	-1.30 -1.79%
RICHARDS BAY COAL MONTHLY	96.50	0.00 0.00	2.20 2.33%
ROTTERDAM COAL MONTHLY	104.50	104.50 104.50	-0.30 -0.29%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	68.77	70.41 68.56	-1.23 -1.76%
SUGAR #11 WORLD	16.36	16.61 16.28	-0.09 -0.55%