IMF sees 1.3pc contraction in Pakistan this year due to Iran war
The International Monetary Fund (IMF) on Thursday forecast a sharp drop in economic output in Pakistan, the Middle East and North Africa this year due to the US-Israeli-led war against Iran , followed by a rebound to 6.6 per cent growth in 2027, while warning that further energy production disruptions could worsen the outlook. The IMF said the region’s output was expected to contract by 1.3pc as…
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