How is Pakistan's Economic and GDP Condition in the year 2022?

Pakistan's economic condition in 2022 is very worst and unpredictable nowadays, As Pakistan is facing many crises at a time. As we may analyze Pakistan's Economy with its GDP (gross domestic product), According to the IMF, Pakistan's gross debt will reach 71.3 percent of Pakistan's GDP in 2022. According to the research, government expenditures will account for 18.4% of GDP in 2022 and 17.1% in 2023, decreasing from 18.6% in 2021.

We may see that the situation appears to be deteriorating by the conclusion of FY 2022. The import bill has risen due to rising global commodity costs and a fiscal imbalance. The currency plummeted, as a result, reducing international reserves and forcing the government to borrow another USD 2.0 billion from the IMF in April. In politics, the situation is still precarious: former Prime Minister Imran Khan was defeated in a no-confidence vote in April, prompting the establishment of a new coalition government and the possibility of a general election later this year.

Considering two years of above-average growth, GDP growth in FY 2023 (July 2022–June 2023) is expected to decline. The pace of fiscal consolidation and the stability of the ruling coalition are the most important things to keep an eye on. Both are necessary if the government is to continue receiving aid and avoid a balance of payments catastrophe. Focus In FY 2023, Pakistan Economics panelists predict growth of 4.4 percent, which is unchanged from last month's projection. Our panel predicts 4.7 percent GDP growth in FY 2024.

Conclusion:

Below I am going to mention the "Next five years GDP report" of Pakistan including the analysis of last years Pakistan's GDP condition.  Pakistan's economic condition, as a DGP rate analysis and prediction from 2017 to 2027. This will help you to understand better Pakistan's economy and its GDP conditions.