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The path to recovery
By Zain M. Khan
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 Economic conditions after the 2008 financial crisis have taken a turnaround in most countries in the past six months. The US has avoided the fiscal cliff, while the Eurozone’s disintegration due to sovereign debt crisis is no more a threat. However, the latest IMF World Economic Outlook issued in April 2013 forecasts a low GDP growth rate for Pakistan at 3.5 percent and 3.3 percent in 2013 and 2014, and even lower at three percent in 2018.
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