Long-march, sit-ins affected Pakistan's economy: WB
The World Bank in its recent report says the long march began of mid-August and protest sit-ins have affected the economy of Pakistan which otherwise had witnessed clear signs of improvement during fiscal year 2013-14. "
The report said the country's economy was recovering as in its first year of reforms, it showed clear signs of improvements.
However the growth may have slowed down in the first quarter of current year due to these political events.
The report further says investment decisions and visits by the presidents of China and Sri Lanka were postponed while the international reserve position suffered small losses whereas there was 4.3 percent depreciation in value of rupee in less than a month.