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Rise feared in inflation, joblessness

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Staff Reporter
President Pakistan Businessmen and Intellectuals
Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen
Panel of FPCCI and former provincial minister, Mian Zahid Hussain has said the further contraction in the
GDP will increase inflation and unemployment adding to the problems of masses.The UN has projected
that Pakistan’s GDP will be 2.1 percent for the ongoing fiscal which is down from the forecasts of IMF,
ADB and World Bank, he said. Talking to the business community, the veteran business leader said that
the government should reduce the speed of fall by introducing long-awaited reforms, he said

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