World Bank reduces Pakistan's growth forecast to 0.4 per cent

Islamabad [Pakistan], April 7 (ANI): The World Bank has sharply reduced Pakistan's current growth forecast from two to 0.4 per cent, attributing the change to tighter economic conditions and limited fiscal space, local daily Daily Times reported.

Increasing interest rates and uncertainty in financial markets have further enhanced pressure on the cash-strapped economy, with future economic prospects heavily reliant on stru