ADB cuts Pakistan growth forecast to 3.7pc on higher energy costs
The Asian Development Bank has lowered Pakistan's economic growth forecast to 3.7% for the 2026 fiscal year due to rising energy costs and remittance pressures. Inflation projections for the country have also been revised upward amid regional instability.
Why it matters
Economic downgrades for Pakistan highlight the ongoing financial challenges and inflationary risks facing developing nations in Asia.
A farmer uses a tractor to plough a field on the outskirts of Lahore on July 8, 2026. — AFP Listen to article 1x 1.2x 1.5x comments Join our Whatsapp Channel Add Dawn as a trusted source ISLAMABAD: The Asian Development Bank (ADB) on Thursday cut its forecast for Pakistan’s economic growth to 3.7 per cent, citing higher energy costs and anticipated pressure on foreign remittances from Pakistanis abroad.
The article relies on economic data and institutional reports from the ADB, maintaining a neutral, objective tone.
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