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Militancy threatens growth, Fund warns

The International Monetary Fund said Friday that Pakistan''s key economic indicators were showing modest improvement but warned militancy and crime could threaten growth and investment. The IMF warning came in its country report reviewing Pakistan''s performance under a $6.7 billion bailout loan package. "For the fiscal year 2014-15, growth is forecast to accelerate to about 3.7 percent, and will continue to accelerate in the medium term," the report said.

"Security conditions in Pakistan remain difficult with significant terrorist activity, as well as sectarian violence and urban criminal activity, which could depress investment and growth."

Copyright Agence France-Presse, 2014



 



 
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Banking Review 2013


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlySeptember
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln