Pakistan’s economy, which is relatively resilient in 2020, is forecast to experience a sluggish recovery in 2021, while foreign investors have not yet returned in significant volumes, said IMF in its latest report “Regional Economic Outlook Update, Arising from the Pandemic: Building Forward Better”. It stated that real GDP growth in the MENA region is projected to pick up to 4.0% in 2021, an upgrade of 0.9 percentage point relative to Oct’20. Growth is set to rebound slightly in Pakistan and more strongly in Afghanistan in 2021 (1.5% and 4.0%, respectively).
12/4/2021