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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%
MonthlyNovember
Trade Balance $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyJanuary 25, 2015
Reserves $15.019 bln