KARACHI: The State Bank of Pakistan (SBP) has projected real GDP growth between 2.5% and 3.5% for FY25, citing improvements in macroeconomic conditions supported by stabilization policies, IMF engagement, and a favorable global environment.
In its annual report for FY24, the SBP highlighted reduced economic uncertainty and a positive outlook, but cautioned that fluctuations in global energy prices could pose risks. The bank also emphasized that continued fiscal discipline, lower borrowing costs, and foreign inflows would boost growth in industry and services. However, the agriculture sector may face challenges, and volatility in oil prices could impact inflation and fiscal projections.
Story by Rizwan Bhatti
