Now Available: Pakistan Shipping Report Q2 2013
With the usual provisos about a volatile political and security situation, our economic outlook for Pakistan is relatively upbeat. We note that the State Bank of Pakistan (SBP) has been easing its monetary policy stance, money supply growth has consequently accelerated, private credit is expanding, and net direct foreign investment has improved. The energy crisis has eased back a little and manufacturing output has been growing. The sluggishness of the European economies is still casting a shadow over Pakistani exports,...
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