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Since last few years Pakistan's economy
had been on upbeat economic track, which compared it favorably against emerging
economies in Asia, putting Pakistan as one of the fastest growing economies in
the region.
Nevertheless, during on going calendar
year, Pakistan's economy is reflecting subdued trends, as driven by a
combination of internal and external elements. The real GDP growth during
2007-2008 has been 5.8% as compared to 6.8% in the corresponding period last
year, and this growth rate has also been on the slower pace comparing with the
last year's target of 7.2%.
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