"Future Landscape of the Economy" by Wali Ullah and Fatima Sadik
 

Faculty / School

School of Economics and Social Sciences (SESS)

Department

Department of Economics

Was this content written or created while at IBA?

Yes

Document Type

Book Chapter

Publication Date

7-2024

Author Affiliation

  • Dr. Wali Ullah is a Professor at Department of Economics, Institute of Business Administration (IBA), Karachi, Pakistan.
  • Fatima Sadik is a Lecturer at Department of Economics, School of Economics and Social Sciences (SESS), Institute of Business Administration (IBA), Karachi, Pakistan.

Book or Conference Proceedings Title

The State of Pakistan's Economy 2024-25: Tapping the Economic Potential: Strategies for Productivity and Growth

ISBN/ISSN

9789699759345

Series

The State of Pakistan's Economy

First Page

16

Last Page

28

Publisher

IBA Press

Place of Publication

Karachi

Keywords

Baseline Projections, Macroeconomic Indicators, Sustainable Economic Grrowth

Abstract / Description

Key factors contributing to underwhelming economic growth include low private sector investment, high interest rates, slow momentum in credit to the private sector, deteriorating law and order conditions, ongoing political uncertainty, and historically low global economic growth. Econometric projections of key macroeconomic indicators, including GDP growth rate and inflation, for the next three fiscal years are performed based on three scenarios. In FY25, the GDP growth rate is likely to be in the range of 2.05 to 3.6 percent and inflation will likely decline from 26 percent but stay between 12 and 16.8 percent, given the stated assumptions hold true.

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