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• Calls for deep structural reforms to achieve higher growth
• Remittances may face pressure in last quarter of FY26
KARACHI: The State Bank of Pakistan (SBP) has projected real GDP growth to remain close to the lower bound of its earlier forecast range of 3.75 to 4.75 per cent for the current fiscal year, while stressing the need for deep-rooted economic reforms to place the country on a higher growth trajectory.
“Specifically, there is a need to address long-standing issues, including low savings and investment, weak competitiveness, falling exports, subdued foreign direct investment, and the persistently low tax-to-GDP ratio,” the central bank said in its first half-yearly report, State of Pakistan’s Economy, issued on Tuesday.
