IMF fears inflation in Pakistan to rise in 2012

IMF fears inflation in Pakistan to rise in 2012
Updated on

Summary IMF has observed floods and poor law and order will hit growth adding to inflation.

According an IMF report the growth in Pakistan will remain 2.6 percent in 2011 and 3.8 percent in 2012. The inflation will remain 13.9 in 2011 while 14 percent in 2012.The stock market according to the report has performed well as compared to the other countries of the other countries in the region. In the 9 months of 2011, index came down by 6 percent while in other countries it has been up to 44 percent.

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