The United Nations has published an economic survey, predicting that Pakistan’s economic growth will accelerate while inflation will decrease. The growth rate will increase by more than 2 percent, while the inflation rate is expected to decline from 26 to 12.2 percent in the fiscal year 2025. The report states that political instability affects the economy, businesses, and citizens, and this will continue in 2022. In 2023, the flood disaster impacted agricultural production and the economy,
but the situation began to improve thanks to the IMF and friendly countries. The tax rate is low relative to GDP. According to the survey, developing countries in the Asia-Pacific region require sufficient long-term resources. Countries must choose between paying off previous debt taken at high-interest rates or spending resources on education, health, and social improvements. The World Bank and Bloomberg have also confirmed signs of economic stability in Pakistan.
The report states that the growth rate has started to increase, the economy is showing progress, and the growth rate will double and gradually increase in the next fiscal year. Inflation is expected to decrease by 11 percent in the same period. Furthermore, Bloomberg reports that the Financial Times Stock Exchange has retained Pakistan’s secondary emerging market status for six months. According to Bloomberg, the new government of Pakistan led by Prime Minister Shehbaz Sharif, a friend of reforms, is making progress towards economic stability
