Morning News: Pakistan’s real growth forecast stays unchanged: State Bank - By WE Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The State Bank of Pakistan (SBP) projects a more optimistic macroeconomic outlook for FY25, citing improving economic indicators, easing financial conditions, and stronger external balances, with real GDP growth expected between 2.5% and 3.5%. While positive trends like declining commodity prices, rising remittances, and improved exports support this view, risks remain, including global protectionist policies, geopolitical tensions, and potential inflation resurgence. Inflation is now projected lower at 5.5&ndash;7.5%, down from earlier estimates of 11.5&ndash;13.5%, aided by fiscal consolidation, stable energy prices, and food supply. However, fiscal risks such as potential tax revenue shortfalls and weak agricultural performance&mdash;particula...