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Pakistan’s Economic Outlook Uncertain: ADB Report | Dawn News English [Video]

Categories
Middle East Economy and Markets

Pakistan’s Economic Outlook Uncertain: ADB Report | Dawn News English

In its April 2024 ‘Asian Development Outlook’, the Asian Development Bank (ADB) underscores uncertainties in Pakistan’s economic outlook, citing high risks exacerbated by political uncertainty and potential supply chain disruptions from the Middle East conflict escalation.

The ADB stresses the importance of disbursements from multilateral and bilateral partners to address Pakistan’s large external financing requirements and weak buffers.

Support from the IMF for a medium-term reform agenda is highlighted as crucial to improve market sentiment and attract affordable external financing.

Watch the full video for more insights.

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