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IMF growth projection
EDITORIAL: The International Monetary Fund (IMF) in its report titled World Economic Outlook released during the World Bank/IMF annual meeting in Bangkok projected Pakistan’s growth rate for the current year at 3.5 percent, above the global growth rate of 3.4 percent, and lower than the budgeted projection of 4 percent. In marked contrast, however, India is projected to reach a growth of 7 percent. These projections are dated, made at least three months ago, and may have been based on optimism over the resolution of the Middle East crisis and the Russia-Ukraine conflict – conflicts that are wi...
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