Coronavirus outbreak: IMF warns of negative impact on Pak economy

The IMF mission has expressed concerns over coronavirus impact on Pakistan’s economy as spillover effect of slowing down of Chinese economy might negatively affect Pakistan’s GDP growth endeavors for FY20. However, Pakistani authorities rejected any negative impact on its economy in totality and argued that there would be no negative impact so the GDP growth target of 3.3% and inflation hovering around 11-12% must remain intact.