Pakistan: Current Account Gap To Widen, But No Crisis Expected

October 2010
Emerging Markets Monitor;10/18/2010, Vol. 16 Issue 28, p6
Country Report
The article presents economic forecasts for Pakistan. The country's current account deficit for financial year 2009/10 declined from the five-year average of 4.9% of the gross domestic product (GDP) to 2.0% of the GDP at 3.5 billion U.S. dollars. Despite the weakening of the country's balance of payments, the deteriorating trade environment and slow investment flows will be offset by strong remittance inflows and foreign aid disbursements.


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