Pakistan’s central bank governor, Jameel Ahmad, has publicly rebutted a recent International Monetary Fund (IMF) downgrade of the country’s economic outlook, saying the IMF’s forecast understates the strength of Pakistan’s recovery. Ahmad argues that the economy is broad-based across key sectors such as agriculture, industry and services, and that official data show resilience despite export weakness. He also highlighted that the State Bank of Pakistan has raised its own growth forecast for the current fiscal year above the IMF’s estimate and maintained a supportive monetary stance to foster growth while sustaining price stability.
Pakistan’s central bank governor, Jameel Ahmad, has publicly rebutted a recent International Monetary Fund (IMF) downgrade of the country’s economic outlook, saying the IMF’s forecast understates the strength of Pakistan’s recovery. Ahmad argues that the economy is broad-based across key sectors such as agriculture, industry and services,
Pakistan’s central bank governor, Jameel Ahmad, has publicly rebutted a recent International Monetary Fund (IMF) downgrade of the country’s economic outlook, saying the IMF’s forecast understates the strength of Pakistan’s recovery. Ahmad argues that the economy is broad-based across key sectors such as agriculture, industry and services, and that official data show resilience despite export weakness. He also highlighted that the State Bank