Sunday, June 4, 2023

Pakistan Business Forum Says 2022 Remained ‘Worst’ Year for Pakistan

Pakistan Business Forum (PBF) has termed the year 2022 ‘worst’ in terms of the economic condition of Pakistan.

Vice President of Pakistan Business Forum, Ahmed Jawad said the economic policies’ continuity has become necessary now.

He predicted Pakistan’s growth rate to remain at 2 percent in the ongoing fiscal year of 2022-23. Pakistan has to pay $26 billion in foreign debt servicing in 2023, Ahmed Jawad added.

“Pakistan is in need of the help of bigger economic powers.”

The PBF official urged the government of Pakistan to keep a balance in reforms, relief, and rehabilitation processes.

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