IMF cuts ‘cash-strapped’ Pakistan’s growth rate to 0.5pc for FY23
Amid political and economic turmoil, the International Monetary Fund (IMF) has slashed Pakistan’s GDP growth rate projection from 2.5 per cent to 0.5pc for the fiscal year 2023-24. Fifth most populated country in the world, Pakistan is expected to experience inflation more than anticipated, reported a world economic outlook report released by the global lender on…