Real GDP growth  6.4% in fiscal year 2006/07 (July-June) will be 5.8% in 2007/08.

The Enonomist

 


 
“The stabilization measures and structural reforms already in place have created the foundation for ... GDP growth at double what has been the annual average rate..”
 The World Bank
 
 
Pakistan's central bank said economic growth is likely to accelerate this fiscal year as rising investments boost the nation's livestock industry and output at farms and factories increase.
Bloomberg
 
 
Pakistan's dynamic growth, economically, socially and educationally, ..  will take the country forward
Financial Times

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Property buyers advised to look at Asia

Investors who are looking at buying a property abroad have been encouraged to consider buying in Asia.

According to Investec Private Bank, the housing markets in places such as China are continuing to grow at a strong rate.

Indeed, the organisation has said the country offers the greatest potential for capital appreciation during the next few years.

Therefore, it could be a highly lucrative market for overseas property buyers, as people who enter the market early may be able to make a profit should they sell up in the future.

Commenting on the market, Paul Stevens of Investec Private Bank said: "Rental and capital growth in countries such as China has exceeded expectations."

This comes after foreign property buyers were encouraged to consider investing in China by the BuyAssociation website.

According to the online portal, the country could be a "very, very good" place to consider, especially in the wake of the Beijing Olympics.

The Property Investor Show

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