Pakistan economy hit

PAKISTAN’S economic growth will plunge 2% due to the floods crisis and lead to massive job losses, the prime minister warned yesterday. Yousuf Raza Gilani said a fifth of the country’s irrigation infrastructure, livestock and crops were destroyed.

Pakistan economy hit

"Performance of agriculture consequently will be much lower this year and the year ahead.

“This loss will have a snowball effect on manufacturing, services and export sectors,” he said.

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