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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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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-1.434 bln
Exports $1.930 bln
Imports $3.364 bln
WeeklySeptember 18, 2014
Reserves $13.525 bln