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KARACHI: According to a report published by the SBP (State Bank of Pakistan), the central bank forecast a 1.5 to 2.5 percent GDP growth projection at the First Quarterly Report for the Financial Year 2020-21.
The report shows encouraging signs that the Pakistani economy will return to its pre-COVID course, thanks to the government’s response to the COVID-19 crisis, achieving macroeconomic stability through economic recovery along with a various revival in the agricultural, services, and construction sector.