Pakistan with a GDP of $143,597 millionis ranked 45th in the world. Pakistan's economy is in doldrums after the recession.
Inflation is at a 30-year high of about 25 per cent. The rupee has lost a quarter of its value against the dollar in recent months. The stock market crashed by about 35 per cent.
Pakistan's central bank expects GDP growth to slow to 3.5 to 4.5 percent this fiscal year, the worst since 2001/02.
Pakistan's current deficit soared to $14 billion this year. The deepening economic crisis and increased terror attacks have thrown the economy completely out of gear.
Image: A man speaks on his phone outside the trading hall of Karachi Stock Exchange. | Photograph: Athar Hussain/Reuters
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