June 08, 2005 | |
Pakistan’s growth is ‘second fastest’ | |
The world’s second fastest growing economy after China is no longer India. It’s Pakistan, says a commentary on Pakistan’s budget by US financial wire service Bloomberg. Another financial news service, Forbes, commented that Pakistan had seen a swift economic turnaround after the Sept 11, 2001, attacks in the United States when it threw its support behind Washington in the war on terror, and in return America and many other countries gave it financial assistance or rescheduled and wrote off its loans.
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