Pakistan's economy is expected to grow 4 percent in the coming financial year starting July
1, picking up steam again after devastating floods pushed back growth to around 3 percent this year,
officials said on Thursday. "We are looking at a growth rate of 4 percent for the next year because of a good
services sector and on hopes of better farm output," said a Finance Ministry official who did not want to be
identified.
The figure compares with a 3.7 percent growth forecast by the Asian Development Bank (ADB) in its
Outlook 2011 report released on Wednesday.
