Staff Reporter
Islamabad
The World Bank sees an “anaemic” economic outlook for Pakistan, with a growth rate of just 0.5% in the current fiscal year.
The half-a-percentage economic growth rate is far below the official target of 2.1% that the PTI government had set for its third year in power. As per the bank’s forecast, Pakistan’s economic outlook remains fragile for at least two years, as the outbreak of the Coronavirus respiratory disease compounded the country’s miseries. The Washington-based lender on Thursday released its biannual flagship report.