Pakistan’s growth prospects bank on IMF-backed reforms: ADB

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Photo: File The Asian Development Bank (ADB) on Friday said Pakistan?s growth prospects with ongoing International Monetary Fund (IMF)-backed reforms are aimed at fiscal consolidation and development initiatives to uphold economic stability, reported The News. In its latest country factsheet, ADB said reforms initiated by IMF?s stabilisation program along with projects under the Central Asia Regional Economic Cooperation Program, the China-Pakistan Economic Corridor, and other development initiatives ?will continue to influence Pakistan?s growth prospects?.

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