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Country Economic Forecasts > Pakistan

  • April 2017
  • -
  • Oxford Economics
  • -
  • 8 pages

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Our GDP growth forecast for the 2016/17 fiscal year (July-June) is unchanged at 5.2%, a little below the Planning Commission target of 5.7% but up from 4.7% in 2015/16. Recovery in agriculture, on a higher cotton harvest, stronger bank lending to the private sector, continued manufacturing growth (aided by more reliable energy supply) and an improved security situation are the main factors underpinning the acceleration in growth. For 2017/18, we expect the pace to pick up a little further to 5.5%.

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