Pakistan's GDP growth between 2.5-3.5% for 09/10 - Cen.bank

Thu Oct 29, 2009 1:36am EDT
 
[-] Text [+]

KARACHI, Oct 29 (Reuters) - Pakistan's GDP growth is expected to grow by between 2.5 and 3.5 percent in the fiscal year 2009/10, the central bank said on Thursday.

The State Bank of Pakistan projected inflation at 10-12 percent for the fiscal year to June 30.

The International Monetary Fund, which in November last year approved a $7.6 billion bailout package to help avert balance of payments crisis in Pakistan, has projected GDP growth to remain unchanged at 2 percent in the 2009/10 fiscal year.

The government's GDP growth target for this year is 3.3 percent. (Reporting by Sahar Ahmed; Editing by David Fox) (For more Reuters coverage of Afghanistan and Pakistan, see: here)

 

Featured Broker sponsored link