state Bank of Pakistan

Pakistan Industrial growth hit 6-year low in 2007-08: SBP

Manufacturing sector’s growth declined for third consecutive year mainly due to energy, capacity and input constraints
By M Farhan Zaheer

KARACHI: Growth in manufacturing sector of country has declined for the third consecutive year and posted a sixth year low growth rate in the fiscal year 2007-08. Most of the decline was seen in the Large Scale Manufacturing (LSM) while Small Scale Manufacturing (SSM) decelerated nominally, Annual Report of State Bank of Pakistan (SBP) for fiscal year 2007-08 revealed. Read More »Pakistan Industrial growth hit 6-year low in 2007-08: SBP