October 2006
Asia Monitor: South Asia Monitor;Oct2006, Vol. 12 Issue 10, p5
Country Report
Country Report
The article offers economic forecasts for Pakistan. Inflation is the greatest threat to Pakistan's macroeconomic performance. The State Bank of Pakistan has responded to high inflation by raising interest rates. The economy looks strong enough to withstand higher interest rates but growth should fall short of the central bank's 7.0 percent target in fiscal year 2006-2007.


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