Pakistan’s government lowered its economic growth projection for the fiscal year as global trade disruptions and tighter spending conditions by the International Monetary Fund weighed on the South Asian nation’s economy. Gross domestic product is estimated to expand 2.68% in the fiscal year through June, Pakistan Bureau of Statistics said Tuesday. This compares with the government’s projection of 3.6% for the current year and last year’s 2.5% expansion. Multilateral institutions like IMF and Asian Development Bank have downgraded growth estimates for the current year citing weak economic activity and global uncertainty. The government’s current forecast “is an optimistic projection,” said Bloomberg Economics. https://www.bloomberg.com/news/articles/2025-05-20/pakistan-trims-growth-forecast-amid-trade-headwinds?sref=8HTMF4ka