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Islamabad, Oct 28 (PTI) Pakistan’s economy has expanded by three per cent in fiscal year 2025 (FY25) and the growth rate is expected to remain the same in the next fiscal year, the World Bank said on Tuesday.
The bank launched its latest report called ‘Pakistan Development Update: Staying the Course for Growth and Jobs’, highlighting the hopes and apprehensions surrounding the Pakistan economy.
“Pakistan’s economy expanded by 3.0 per cent in the fiscal year ending June 2025, up from 2.6 per cent in the previous year, reflecting a rebound in industrial activity and an expansion in the services sector," it said, adding that the growth is projected to remain at 3 per cent for the fiscal year ending in June 2026.
It added that the sluggish growth in FY 2026 is due t

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