{"id":2428,"date":"2024-04-18T11:35:31","date_gmt":"2024-04-18T06:35:31","guid":{"rendered":"http:\/\/chinaurdu.com\/eng\/?p=2428"},"modified":"2024-04-18T11:35:31","modified_gmt":"2024-04-18T06:35:31","slug":"imfs-forcasts-about-pakistan","status":"publish","type":"post","link":"https:\/\/chinaurdu.com\/eng\/?p=2428","title":{"rendered":"IMF&#8217;s forcasts about Pakistan"},"content":{"rendered":"<div class=\"flex-1 overflow-hidden\">\n<div class=\"react-scroll-to-bottom--css-luvwp-79elbk h-full\">\n<div class=\"react-scroll-to-bottom--css-luvwp-1n7m0yu\">\n<div>\n<div class=\"flex flex-col text-sm pb-9\">\n<div class=\"w-full text-token-text-primary\" dir=\"auto\" data-testid=\"conversation-turn-11\">\n<div class=\"px-4 py-2 justify-center text-base md:gap-6 m-auto\">\n<div class=\"flex flex-1 text-base mx-auto gap-3 juice:gap-4 juice:md:gap-6 md:px-5 lg:px-1 xl:px-5 md:max-w-3xl lg:max-w-[40rem] xl:max-w-[48rem]\">\n<div class=\"relative flex w-full flex-col agent-turn\">\n<div class=\"flex-col gap-1 md:gap-3\">\n<div class=\"flex flex-grow flex-col max-w-full\">\n<div class=\"min-h-[20px] text-message flex flex-col items-start gap-3 whitespace-pre-wrap break-words [.text-message+&amp;]:mt-5 overflow-x-auto\" dir=\"auto\" data-message-author-role=\"assistant\" data-message-id=\"a6898f8d-3c48-4fcc-b5e7-470517604af4\">\n<div class=\"markdown prose w-full break-words dark:prose-invert light\">\n<p>Over the next few years, Pakistan faces the prospect of stagnant economic growth, a predicament outlined by international lenders who foresee subdued expansion ranging from 1.8% to 3.5%. Factors contributing to this state include dwindling investment, persistent fiscal and external imbalances, and a significant state presence in the economy.<\/p>\n<p>The IMF&#8217;s flagship World Economic Outlook 2024, released ahead of the World Bank Group&#8217;s spring meetings, projects Pakistan&#8217;s economy to grow by 2% this year and 3.5% in the following year. These estimates are contingent upon sustained fiscal consolidation and potential IMF support through a new bailout. Finance Minister Muhammad Aurangzeb is currently in Washington, advocating for a larger, three-year IMF program worth $6 billion to $8 billion to bolster planned economic reforms.<\/p>\n<p>Aurangzeb has articulated the necessity for a comprehensive program to execute structural reform initiatives, citing improved market sentiment and economic stabilization achieved under the Stand-By Arrangement. This proposed program aims to break the cycle of financial struggles and bailouts that Pakistan has experienced in its previous engagements with the IMF.<\/p>\n<p>However, history reveals Pakistan&#8217;s challenges in fulfilling longer-term IMF programs due to deviations from policy goals driven by political considerations. Aurangzeb emphasizes the urgency of structural reforms to avoid repeated reliance on IMF programs, acknowledging the country&#8217;s familiarity with necessary measures for economic stability. The critical task lies in effective implementation.<\/p>\n<p>Diverging from past approaches, Aurangzeb intends to incorporate discussions on the program&#8217;s growth aspects with the IMF. Nevertheless, the specifics of how economic growth will be achieved alongside stringent stabilization reforms remain unclear.<\/p>\n<p>With the economy mired in crisis, the upcoming budget will serve as a litmus test of the government&#8217;s commitment to reform and Aurangzeb&#8217;s ability to balance stabilization efforts with fostering accelerated growth.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"mt-1 flex gap-3 empty:hidden\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"w-full pt-2 md:pt-0 dark:border-white\/20 md:border-transparent md:dark:border-transparent md:w-[calc(100%-.5rem)]\">\n<form class=\"stretch mx-2 flex flex-row gap-3 last:mb-2 md:mx-4 md:last:mb-6 lg:mx-auto lg:max-w-2xl xl:max-w-3xl\">\n<div class=\"relative flex h-full flex-1 flex-col\">\n<div class=\"flex w-full items-center\"><\/div>\n<\/div>\n<\/form>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Over the next few years, Pakistan faces the prospect of stagnant economic growth, a predicament outlined by international lenders who foresee subdued expansion ranging from 1.8% to 3.5%. Factors contributing to this state include dwindling investment, persistent fiscal and external imbalances, and a significant state presence in the economy. The IMF&#8217;s flagship World Economic Outlook [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1169,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[92,30],"tags":[],"ppma_author":[95],"class_list":{"0":"post-2428","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-editorial","8":"category-latest"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>IMF&#039;s forcasts about Pakistan - China Urdu<\/title>\n<meta name=\"description\" content=\"Over the next few years, Pakistan faces the prospect of stagnant economic growth, a predicament outlined by international lenders who foresee subdued expansion ranging from 1.8% to 3.5%.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/chinaurdu.com\/eng\/?p=2428\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IMF&#039;s forcasts about Pakistan - 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