World Bank said – Pakistan is the weakest economy in South Asia.
20/01/2023
The World Bank has termed Pakistan as the weakest economy in South Asia. According to the World Bank’s Global Economic Prospects report, Pakistan’s economic growth rate will be only 1.7% this year.
The International Monetary Fund (IMF) has postponed a decision on approving two loans of $ 1.1 billion due to not making necessary reforms.
According to a report, the Government of Pakistan had sought help from the IMF, but in lieu of this, the IMF placed a condition of increasing the prices of petrol and diesel.
In view of elections this year in Pakistan, the Shehbaz Sharif government does not want to increase the prices of fuel.
