World Bank revises up Pakistan’s FY21 growth forecast to 1.3%

The World Bank has revised up growth forecast for Pakistan’s economy to 1.3% for FY21 compared to 0.8% projected in Jan’21, considering an increase in remittance inflows. The however is less than the region’s average and Bangladesh’s 3.6%, India (8.3%), Maldives (17.1%), Nepal (2.7%) and Sri Lanka (3.4%).

9/6/2021