Pakistan Economic Condition: The Asian Development Bank (ADB) has said that Pakistan’s economic outlook remains uncertain and the risk of decline is high. “Political uncertainty that continues to influence macroeconomic policy-making will remain a major risk to the sustainability of stabilization and recovery efforts,” ADB said. On the external front, due to increased conflict in the Middle East, possible disruption in supply chains will impact the economy. With Pakistan’s large external financing needs and weak external buffers, disbursements from multilateral and bilateral partners remain important. However, ADB said in its…
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