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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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ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyDecember
Trade Balance $-1.703 bln
Exports $2.156 bln
Imports $3.859 bln
WeeklyFebruary 26, 2015
Reserves $15.944 bln