As per the World Bank’s report in October 2024, what is Pakistan’s projected economic growth rate for the fiscal year?
A2.8%
B3.5%
C2.3%
D4.0%
Correct answer
A. 2.8%
Explanation
According to the World Bank’s October 2024 report, Pakistan’s projected economic growth rate for the fiscal year 2024-25 is 2.8%. This projection is based on the expectation that Pakistan’s economy will continue to stabilize from the recent balance-of-payments crisis. The World Bank also anticipates a further increase to 3.2% in the following fiscal year, 2025-26.