LAHORE:

Pakistan's economy continues to face challenges in achieving meaningful growth, with projections for the fiscal year 2024-25 indicating a slow recovery.

According to estimates from the Lahore School of Economics Modelling Lab, GDP growth is expected to reach only 2.44%, reflecting a slight improvement from the 1.7% growth recorded in the previous fiscal year but still remaining below par.

These projections broadly align with official figures, including a recent revision by the Pakistan Bureau of Statistics, which lowered its Q3 GDP growth estimate from 2.7% to 2.4%. While international institutions such as the World Bank, International Monetary Fund (IMF), and Asian Development Bank (ADB) have provided slightly higher projections ranging from 2.5% to 2.7%, the overall picture st

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