Friday, February 10, 2006

Pakistan’s growth rate in next 10 years to sustain at 7 percent: Report

ISLAMABAD: The Merrill Lynch in its Asia-Pacific report has said over next ten years Pakistan’s growth rate will remain at between 6-7 percent. According to report, what is toughest challenge for the country is to sustain the growth rate. The report has suggested expansion in Pakistan’s production sector and increased investment in the infrastructure projects would help sustain economic development in the country. Devastation losses from October’s killer earthquake would not impact country’s economic situation, for there was not that many agricultural activates.

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