Pakistan’s GDP to grow at 2.8% in FY25 under IMF reforms: ADB

A laborer in Karachi is carrying packs of fabric on his back, showing the hard work that goes into the economy. The Asian Development Bank predicts Pakistan’s GDP to grow at 2.8% in FY2025, thanks to tough reforms agreed upon with the IMF. The ADB emphasizes the importance of continued policy reforms to stabilize the economy and promote growth. Inflation has decreased and interest rates have fallen, contributing to a positive economic outlook. The report also highlights the need for financial regulation and a market-based exchange rate to address economic and political challenges.