Pakistan says terror war impedes economy (3)

14:21, June 05, 2010      

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He said during the outgoing year, agriculture growth rate was 2 percent, industry grew by 4.9 percent and services 4.6 percent.

The per capita income in rupee term was 87,810 while in dollars term it was 1,051.

The rate of unemployment has, however, increased from 5.2 to 5. 5 percent. Foreign Direct Investment also declined by 45 percent as compared to last year. Overall inflation was recorded at 11.5 percent for the first ten months of the year.

The survey says the external current account deficit is expected to contract to around 2.8 percent of GDP in the outgoing year. This large improvement is mainly on the back of a steep decline in imports for much of the year, improving exports as world demand is gradually restored and a continued increase in worker remittances.

Source: Xinhua
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(Editor:燕勐)

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