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
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.
Recommended Citation
Ullah, W., & Sadik, F. (2024). Future Landscape of the Economy. The State of Pakistan's Economy 2024-25: Tapping the Economic Potential: Strategies for Productivity and Growth, 16-28. Retrieved from https://ir.iba.edu.pk/faculty-research-series/128