Business

Pakistan’s economic growth will continue in 2018-19

The International Monetary Fund (IMF) revised up its forecast for world economic growth and reported that the progress will continue in Pakistan in 2018 and 2019.
According to the IMF update, Pakistan’s economy progressed between July and December despite not achieving targets in agricultural and manufacturing fields in 2017.
The report further suggested that growth rate of Pakistan is expected to remain near 6% in the coming year. Pakistan’s GDP in 2017 was 5.3%, which is the highest in past ten years, it said.