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IMF Lowers Pakistan’s GDP Growth Forecast for 2024 to 2%

-January 31, 2024

The International Monetary Fund (IMF) has recently updated its economic forecasts, indicating a slowdown in Pakistan’s economic growth. The IMF’s report titled “World Economic Outlook Update, moderating inflation and steady growth open path to soft landing” has cut Pakistan’s projected Gross Domestic Product (GDP) growth rate by 0.5 percent, bringing it down to 2 percent ... Read more

SBP to Introduce New Currency Notes to Combat Fraud

-January 30, 2024

Pakistan’s State Bank (SBP) is set to make big changes to the country’s currency system. The Governor of SBP, Jameel Ahmed, announced on Monday that all currency notes will soon get a fresh look. This decision is aimed at stopping people and organizations from using money for illegal activities. The governor revealed these plans during ... Read more

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