Pakistan News And Discussion-9

[Naresh]

<b>Pakistan to sustain USD 26.2 Billion Current Account deficit in five years</b> <!--emo&:flush--><img src='style_emoticons/<#EMO_DIR#>/Flush.gif' border='0' style='vertical-align:middle' alt='Flush.gif' /><!--endemo-->

<!--QuoteBegin-->QUOTE<!--QuoteEBegin-->LAHORE – <b>Pakistan would sustain a huge current account deficit of 26.20 billion dollars in five years.</b>

The country is expected to brave 5.6 billion dollars current account deficit in 2006-07; 5.6 billion dollars in 2007-08; 5.2 billion dollars in 2008-09; 5.2 billion dollars in 2009-10 and 4.6 billion dollars in 2010-11.

International Monetary Fund has disclosed this in its assessment of the economy of Pakistan under the Pakistan 2006 Article IV Consultation.<!--QuoteEnd--><!--QuoteEEnd-->

Cheers <!--emo&:beer--><img src='style_emoticons/<#EMO_DIR#>/cheers.gif' border='0' style='vertical-align:middle' alt='cheers.gif' /><!--endemo-->