Pakistan : Terrorist Wahabi Islamic Rep Pakistan 7

[Naresh]

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[url="http://www.dailytimes.com.pk/default.asp?page=2011/11/20/story_20-11-2011_pg1_3"]Pakistan’s economy facing serious challenges, needs urgent care : IMF[/url]

* Fund says govt should immediately resolve energy crisis for economic growth



ISLAMABAD : The International Monetary Fund (IMF) said on Saturday that Pakistan’s economy was facing serious challenges, including energy crisis and declining investment and would not be able to move on the economic front without resolving these issues.



The IMF identified that Pakistan was facing some short-term issues, and stressed the need for addressing the issues on a long-term basis.



Addressing a press conference after attending a seminar on Revival of Pakistan Economy, IMF Assistant Director Adnan Mazarei, said that Pakistan’s external account position would not be as good as it was last year. “We are going into difficult global situation and Pakistan has to adopt a policy mix to achieve growth and employment generation,” he said.

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