Latest Global Economic Prospects report News & Updates

Washington, Jan 13 (IANS) Pakistan’s economy is expected to remain largely stagnant, with growth hovering around 3 per cent, as structural weaknesses and climate shocks continue to weigh on activity, the World Bank said on Tuesday.The World Bank estimates Pakistan’s economy grew 3.0 per cent in FY2024-25 and projects growth to remain at 3.0 per cent in FY2025-26, before edging up modestly to 3.4 per cent in FY2026-27, according to its latest Global Economic Prospects report.The report said r…