As Violence Hurts Business, Pakistanis Debate U.S. Help

Government statistics show that large-scale manufacturing has contracted 7.6 percent across Pakistan in the past year, while a survey by the Industrialists Association of Peshawar found a 37 percent plunge in the industrial sector here. Business associations estimate that the number of industrial jobs, the main economic lifeline, has already fallen from more than 100,000 to about 25,000. Factories that ran round-the-clock now scrape by with a single shift. Full Story »

Posted by Kaizar Campwala
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Posted by: Posted by Kaizar Campwala - Jul 28, 2009 - 8:30 AM PDT
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Edited by: Kaizar Campwala - Jul 28, 2009 - 8:30 AM PDT

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Derek Hawkins
3.8
by Derek Hawkins - Jul. 28, 2009

An interesting story because it covers more than just policy and looks at conflict's effects on Pakistani business. Impressive sourcing.

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Omer ISMAIL
3.8
by Omer ISMAIL - Jul. 28, 2009

It is indeed , but narrow spectrumed to one city Peshawar . Things are not only bad there but in the entire country , and regretfully they are sliding towards a worser sceanario.

Undoubtedly, it is true, correct, and authentic but indeed narrow. The spectrum it covers is constricted and confined to one city in NWFP area in the north of that country. Because, if one is writing such a passionate and demonstrative account it should have been for the whole country of Pakistan, and not only Peshawar. The real GDP growth has contracted to about 4.5 to 5 percent in 2008-09. The Pak rupee has historically been a weak currency; it has further depreciated (since the ... More »

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Kaizar Campwala
4.0
by Kaizar Campwala - Jul. 28, 2009
See Full Review » (10 answers)

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