ISLAMABAD, Dec 13 (APP): The Asian Development Bank (ADB) revised its economic growth outlook for developing Asia down slightly to 7.0% this year and 5.3% next year, after renewed outbreaks of coronavirus disease (COVID-19) led to slower growth in the third quarter. ADB’s latest estimates, presented in a regular supplement of the Asian Development Outlook… Continue reading ADB revises developing Asia growth outlook down slightly to 7.0% in 2021, 5.3% in 2022
Tag: outlook
Accelerated economic recovery to continue: Economic Outlook
ISLAMABAD, Oct 28 (APP): Keeping in view the performance of various economic indicators, the economic recovery that had accelerated since March 2021 is expected to continue, according to the Monthly Update and Outlook for October 2021, released by the Finance Ministry here Thursday. According to the report, increased production may boost exports while domestic production… Continue reading Accelerated economic recovery to continue: Economic Outlook
Focus on targeted sectors led to higher economic growth: Economic Outlook
ISLAMABAD, May 28 (APP):Due to the government’s focus on certain targeted sectors such as housing, agriculture, industry, construction and exports, higher economic growth was recorded along with stabilization during the current fiscal year (2020-21), according to monthly Economic Update and Outlook for May 2021. “It is expected that in coming years the economy will have… Continue reading Focus on targeted sectors led to higher economic growth: Economic Outlook
