{"id":505852,"date":"2025-09-30T15:18:38","date_gmt":"2025-09-30T10:18:38","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=505852"},"modified":"2025-09-30T15:18:38","modified_gmt":"2025-09-30T10:18:38","slug":"sustained-reforms-disaster-resilience-key-to-continued-economic-growth-says-adb","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/sustained-reforms-disaster-resilience-key-to-continued-economic-growth-says-adb\/","title":{"rendered":"Sustained reforms, disaster resilience key to continued economic growth, says ADB"},"content":{"rendered":"<p>Pakistan\u2019s improved macroeconomic conditions contributed to an uptick in growth in fiscal year 2025 (ended 30 June 2025), underpinned by increased investment driven by continued policy reforms and economic stability, the Asian Development Bank (ADB) said in a report released on Tuesday.<br \/>\nAccording to the Asian Development Outlook (ADO) September 2025, ADB\u2019s annual flagship economic publication, Pakistan\u2019s growth is projected to continue in the medium term, with real gross domestic product (GDP) growth forecast at 3.0% in FY2026 as macroeconomic stability deepens through sustained reforms addressing structural vulnerabilities.<br \/>\nEconomic reform has progressed considerably under the IMF Extended Fund Facility arrangement that began in October 2024. Policy consistency and climate resilience remain vital to maintaining the growth momentum. Downside risks to the outlook remain high.<br \/>\n\u201cPakistan\u2019s growth prospects remain positive,\u201d said ADB Country Director for Pakistan Emma Fan. \u201cHowever, the country continues to face structural challenges, compounded by recurring disasters such as the recent floods. In this context, consistent reforms and policy implementation are essential for reinforcing policy credibility, sustaining economic momentum, and enhancing the country\u2019s resilience, Fan added\u201d<br \/>\nIn FY2026, economic activity is expected to strengthen, supported by improved external buffers and renewed business confidence following the US-Pakistan trade agreement. However, the damage caused to infrastructure and farmland by the recent floods may weigh on growth.<br \/>\nRecovery and rehabilitation efforts, bolstered by fiscal incentives for the construction sector announced in the FY2026 budget, are expected to partially offset the adverse impact.<br \/>\nAverage inflation is projected to increase to 6.0% in FY2026, reflecting the impact of flood-related supply chain disruptions on food prices and the increase in gas tariffs.<\/p>\n<p>In response, the central bank is expected to adopt a cautious approach to easing monetary policy to stabilize inflation within its medium-term target range of 5%\u20137%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pakistan\u2019s improved macroeconomic conditions contributed to an uptick in growth in fiscal year 2025 (ended 30 June 2025), underpinned by increased investment driven by continued policy reforms and economic stability, the Asian Development Bank (ADB) said in a report released on Tuesday. According to the Asian Development Outlook (ADO) September 2025, ADB\u2019s annual flagship economic [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":380937,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-505852","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Sustained reforms, disaster resilience key to continued economic growth, says ADB<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/sustained-reforms-disaster-resilience-key-to-continued-economic-growth-says-adb\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sustained reforms, disaster resilience key to continued economic growth, says ADB\" \/>\n<meta property=\"og:description\" content=\"Pakistan\u2019s improved macroeconomic conditions contributed to an uptick in growth in fiscal year 2025 (ended 30 June 2025), underpinned by increased investment driven by continued policy reforms and economic stability, the Asian Development Bank (ADB) said in a report released on Tuesday. 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