Tuesday, October 11, 2005

Pakistan's reconstruction efforts may lift economy

Pakistan's reconstruction efforts may lift economy: "Pakistan's reconstruction efforts may lift economy
KARACHI, Oct 11 (Reuters) - Pakistan's efforts to recover from the worst natural disaster in its 69-year history is expected to eventually boost its slowing economy and support its currency and stocks.

More than 20,000 people have perished in the country's northern mountainous region, which bore the brunt of Saturday's 7.6-magnitude earthquake, and officials say that death toll could double.

But analysts said given the northern areas' small contribution to the country's $100 billion economy, any losses would be more than compensated by the reconstruction efforts and aid inflow."

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