ISLAMABAD: Pakistan’s economy is projected to grow by 3% in 2025, the International Monetary Fund (IMF) said in its World Economic Outlook Update released on Friday, as it painted a picture of a subdued global economy for the year ahead.
The IMF report forecasts global growth to remain modest at 3.3% in both 2025 and 2026, with advanced economies expected to see slower growth, while emerging markets, including Pakistan, poised to face a mixed recovery trajectory.
It warns of heightened economic policy uncertainty, particularly on trade and fiscal fronts, while mentioning that political instability in parts of Asia and Europe has rattled markets.
The report also cites geopolitical tensions in regions like the Middle East as a significant global challenge.
“Global growth is expected to remain stable, albeit lackluster. At 3.3 percent in both 2025 and 2026, the forecasts for growth are below the historical (2000–19) average of 3.7 percent,” the IMF said.
It noted in tabulated form that Pakistan’s GDP is expected to grow from 2.5% in 2024 to 3.0% in 2025 and 4.0% in 2026, signaling a gradual recovery after a challenging period.
The IMF’s cautious global outlook reflected structural issues and external shocks that pose risks to different world economies.
Elevated policy uncertainty, fiscal imbalances and inflationary pressures have traditionally been significant concerns for Pakistan. Additionally, global financial tightening and geopolitical tensions have further strained Pakistan’s economy in the past since it heavily relies on imports and external funding.
However, the government has been implementing structural reforms in key areas like taxation, governance and energy management, aiming to improve long-term growth prospects.
Finance Minister Muhammad Aurangzeb has consistently emphasized the importance of adhering to IMF-mandated reforms under the $7 billion loan agreement signed last year. In September, he said that “our hand has been forced as a country” to take stringent measures to put the economy back on track.
The IMF report, based on the assumption of policy continuity, reflects a cautiously optimistic trajectory for Pakistan’s economy in 2025 and beyond.
IMF projects 3% growth for Pakistan in 2025 amid ‘lackluster’ global outlook
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IMF projects 3% growth for Pakistan in 2025 amid ‘lackluster’ global outlook
- IMF’s World Economic Outlook report forecasts global growth to remain modest at 3.3%
- Growth projections for Pakistan in the report signal a gradual recovery after a tough period
Pakistan Airports Authority reports ‘historic’ twin-engine aircraft landing in Lahore
- Twin-engine aircraft are usually larger, heavier and require better airport infrastructure, navigation systems to land
- Pakistan Airports Authority says landing reflects its commitment to enhance aviation sector, strengthen infrastructure
ISLAMABAD: The Pakistan Airports Authority (PAA) announced on Saturday that the New General Aviation Aerodrome achieved a significant milestone when it handled the landing of a twin-engine aircraft.
A twin-engine aircraft has two engines that provide it redundancy and increased performance compared to single-engine counterparts. These aircraft range from small twin-engine propeller planes to large commercial jetliners. The presence of multiple engines enhances safety by allowing the aircraft to continue flying in the event of an engine failure.
However, twin-engine aircraft are usually larger, heavier and more complex than single-engine planes. They require advanced airport infrastructure such as better runways, navigation systems and air traffic coordination.
“The New General Aviation Aerodrome, Lahore achieved another significant operational milestone today with the successful landing of a twin-engine aircraft, following the recent arrival of a single-engine aircraft,” the PAA said in a statement.
It said the flight was also boarded by Air Vice Marshal Zeeshan Saeed, the director general of the PAA. The move reflected “strong institutional confidence” in the aerodrome’s safety standards, operational capability, and overall readiness, it added.
“The landing was conducted with exceptional precision and professionalism, demonstrating the aerodrome’s robust operational framework, technical preparedness, and effective airside coordination in accordance with contemporary aviation requirements,” the PAA said.
It said the landing represented a “major advancement” in Pakistan’s general aviation sector and underscores the PAA’s commitment to enhancing regional aviation capacity, strengthening infrastructure and promoting excellence in aviation development.
