According to the 2nd Quarterly Report “The State of Pakistan’s Economy” for FY20 issued by SBP, the spillovers from the global economy and the infection-containment measures in the country are bound to weaken the economic activity and consumer demand and adversely impact supply. SBP’s projections for GDP growth are revised to 3.0% in FY20, down from 3.3% in FY19. However, SBP is expecting that GDP growth projections are now likely to be revised downward further.
15/4/2020