Observer Report Islamabad
Pakistan’s economic growth is expected to reach 4 per cent in the financial year 2022 as business activ-ity resumes gradually in the second year into the pandemic, the Asian Development Bank said in a report on Wednesday.
Pakistan’s economy is expected to continue recovering in FY2022, according to the Asian De-velopment Outlook 2021 Update.
It is supported by stronger private investment, improving business activity, a steady vaccine rollout, and economic stimulus measures for FY2022.
Yet, significant uncertainty over the course of the pandemic clouds the economic outlook in Paki-stan and worldwide.