The International Monetary Fund (IMF) has released a report on Pakistan’s economy.
According to the IMF report, the current fiscal year GDP rate is predicted to be 2 percent, the next fiscal year GDP rate is expected to be 3.5 percent.
According to the report, unemployment rate is expected to be 8% this fiscal year, unemployment rate is predicted to be 7.5% next fiscal year.
In the report, the inflation rate in the current fiscal year is expected to be 24.8 percent and the inflation rate in the next fiscal year is expected to be 12.5 percent.
IMF team reached Pakistan to discuss two different bailout packages
According to the IMF, exports are expected to exceed $31.20 billion this fiscal year, while exports are expected to exceed $34.41 billion in fiscal year 2024-25.