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Pakistan cuts 2017/18 economic growth estimate to 5.2 percent

Reuters  |  ISLAMABAD 

ISLAMABAD (Reuters) - Pakistan has revised its economic growth figures for the last financial year to 5.2 percent from a previously reported figure of 5.8 percent, after a sharp cut in the figure for large-scale manufacturing, the statistics office said.The revision of figures reported by the previous government underlines the economic headwinds facing Pakistan which is holding discussions over a possible bailout from the International Monetary Fund.When the original estimate was reported in April by the government of Prime Minister Shahid Khaqan Abbasi, it was hailed as the strongest growth ...

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First Published: Sat, February 09 2019. 13:35 IST