UN Forecasts Modest 2% Economic Growth for Pakistan in 2024 Amid Global Headwinds
The United Nations has projected that Pakistan’s economy will grow by 2% in 2024, a modest recovery in the face of significant global economic challenges. The report highlights concerns over persistent inflation, investment slowdowns, and the need for strategic economic policies to capitalize on Pakistan’s natural resources, particularly in the critical minerals sector.
The projection underscores the fragility of the global economy and the specific vulnerabilities that developing countries like Pakistan face, emphasizing the importance of targeted reforms to ensure sustainable growth.
The UN’s analysis calls for effective economic, social, and environmental strategies to avoid the so-called “resource curse” and to maximize the benefits of Pakistan’s mineral wealth (The Nation).
