Pakistan’s growth during FY27 projected at 3.5pc, inflation at 9.9pc: IMF

ISLAMABAD: The International Monetary Fund (IMF) has projected Pakistan’s economic growth at 3.5 per cent during the current fiscal year and inflation to remain close to double digits for another year, notwithstanding global growth rebounding to 3.4pc. In its flagship World Economic Outlook, released at the launch of the World Bank-IMF annual meetings in Bangkok, the fund estimated Pakistan’s current account deficit to widen to 1pc of GDP from a surplus of 0.5pc in FY2025. Headline inflation is projected to rise significantly to 9.9pc from 7.1pc last year. However, the Washington-based…