Economy beset with poor law & order, energy crisis: SBP

KARACHI: State Bank of Pakistan in its report issued here today attributed Pakistan’s persistent falling economic growth rate to poor law and order and energy crisis, Geo News reported.SBP report...

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Economy beset with poor law & order, energy crisis: SBP
KARACHI: State Bank of Pakistan (SBP) in its report issued here today attributed Pakistan’s persistent falling economic growth rate to poor law and order and energy crisis, Geo News reported.

SBP report said that the trade deficit has widened as exports declined due to fall in demands of Pakistani goods in U.S. and European countries themselves beset with acute recession.

The report also stated that the private investment rose as the government eased loan disbursements to the private sector.