The sources said due to stabilisation measures, the IMF is also projecting economic growth rate of below 3% for fiscal year 2018-19. But Dr Pasha said in addition to stabilisation measures, the output of major crops would be a determining factor in estimating economic growth rate. He said if the major crops output dipped, the economic growth rate will be in the range of 3.2% to 3.5%. “If the agriculture sector performs well, the economic growth rate could be around 4.2%,” said Dr Pasha. The economic growth rate is expected to moderate to 4% in 2019, and slow to about 3% by 2023.

Source: The Express Tribune October 12, 2018 21:11 UTC