Pakistan GDP to contract 1.3pc in 2026: IMF
DUBAI: The IMF on Thursday forecast a sharp drop in economic output in the Middle East, North Africa and Pakistan this year due to the Iran war, followed by 6.6 percent growth in 2027, though it warned that further energy production disruptions could worsen t...
DUBAI: The IMF on Thursday forecast a sharp drop in economic output in the Middle East, North Africa and Pakistan (MENAP) this year due to the Iran war, followed by 6.6 percent growth in 2027, though it warned that further energy production disruptions could worsen the outlook. The International Monetary Fund said the region’s output was expected to contract by 1.3 percent as a result of the war’s impact on energy p...