Bloomberg: Pakistan's Economy Goes from Bad to Worse as Growth Seen Slowing

Bloomberg: Pakistan's Economy Goes from Bad to Worse as Growth Seen Slowing
In this file photo, Pakistani farmers and traders gather as they sell watermelons at a fruit market in Lahore on May 21, 2017. (AFP)
Updated 15 May 2018
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Bloomberg: Pakistan's Economy Goes from Bad to Worse as Growth Seen Slowing

Bloomberg: Pakistan's Economy Goes from Bad to Worse as Growth Seen Slowing

May 14: Bloomberg report by Faseeh Mangi states that Pakistan’s outgoing government expects the economy will grow at the fastest pace in more than a decade in the coming fiscal year, but economists are doubtful. Standard Chartered Plc, Elixir Securities Pakistan Pvt. and BMA Capital Management Ltd. are among those that have downgraded growth forecasts, betting on a slowdown for the first time in six years.

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