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Pakistan PM: Growth to fall by 2.5 percentage points, inflation may double because of floods



Pakistan PM: Growth to fall by 2.5 percentage points, inflation may double because of floods

Pakistan PM: Growth to fall by 2.5 percentage points, inflation may double because of floods

Published on September 1st, 2010
Published on September 1st, 2010
 
Topics :
ISLAMABAD , Pakistan

ISLAMABAD - Pakistan's prime minister is predicting that economic growth will fall by 2.5 percentage points because of this summer's devastating floods.

Yousuf Raza Gilani also said Wednesday that inflation may hit 20 per cent for the 2011 financial year, more than double its forecast.

© Canadian Press

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