Source: International Herald Tribune
KARACHI, Pakistan: Pakistan’s national bank has cut its forecast for the country’s economic growth this fiscal year to 6.0-6.5 percent.
The State Bank of Pakistan said Monday it was revising its forecast for the year ending June 30 in the light of “domestic turbulence and external shocks.”
The bank predicted growth of 7.2 percent […]

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Source: The Associated Press
ISLAMABAD, Pakistan (AP) — Pakistan’s interim government raised fuel prices about 7 percent Saturday, a decision likely to spark public anger at a time when food prices are also rising.
The hike by the Pakistan Oil and Gas Regulatory Authority came as world oil prices continue to hover at record highs.
Light, sweet crude […]

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Source: Globe and Mail
New government must mend deteriorating economy and tackle Islamic extremists in tribal areas bordering Afghanistan
SAEED SHAH
ISLAMABAD — The challenges facing the new government in Pakistan can be summed up as FATA and atta.
FATA is the acronym for the federally administered tribal areas - the badlands on the Afghan border that are reputedly […]

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Source: [Emergency] Mailing List
Farhan Sharif
Dec. 10 (Bloomberg) — Pakistan’s inflation probably held in November near
the highest level since 2005 on soaring food costs, increasing the
possibility of an interest-rate increase by the central bank next month.
Consumer prices jumped 9.05 percent from a year earlier, after gaining
9.3percent in October, according to the median forecast of eight
analysts […]

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