Pakistani voters head to the polls on Thursday amid a deep-seated economic crisis. Inflation, which reached nearly 30 percent in December, has been climbing since the start of last year after Pakistan’s central bank agreed to liberalise its exchange rate as part of a pre-existing IMF programme. “This will lower Pakistan’s current account deficit as goods from abroad will become …
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Myanmar's Coup Will Be 'Painful' For Already Struggling Economy, Analysts Warn Enlarge this image toggle caption AP AP Myanmar's economy could take a significant hit following this week's military coup, analysts say, as the U.S. mulls fresh sanctions and foreign investors appear rattled — potentially putting billions of dollars' worth of business investments at risk for the Southeast Asian country. …
