Washington – The International Monetary Fund expects Pakistan’s Gross Domestic Product to grow by about 4 percent in the fiscal year ending June 30, the same as the last year. The South Asia’s second biggest economy has succeeded in achieving stability but steady implementation of reforms will be vital for the country to find a […]

The World Bank is lowering its global growth forecast for 2016 to 2.4 percent from 2.9 percent projected in January, blaming sluggish growth in advanced and emerging markets, low commodity prices and diminishing capital flows. According to the latest update of its Global Economic Prospects, the World Bank estimated 6.7 percent growth for China compared […]