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Pakistan manufacturing posts weakest growth in decade

Clipped to the Drawing Board by Administrator  
ISLAMABAD - Overall manufacturing posted a growth of 5.4 per cent during the first nine months of the current fiscal year 2007-08 against the target of 10.9 per cent and 8.1 per cent of last year, which is weakest growth in a decade.
The main reasons for weakest growth are as heightened political tension, deteriorating law and order, growing power shortages, cumulative impact of monetary tightening and rising cost of doing business.
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Powered by JoomlaCommentCopyright (C) 2006 Frantisek Hliva. All rights reserved.Homepage: http://cavo.co.nr/

Wednesday 11 June, 2008 04:40 PM
 
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