Pakistan Crisis and Revolutionaries (Urdu)

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{IMF}report said that even though the government targets a

reduction in inflation to 12% in FY12, from 14.5% in FY11, and to

achieve this, it has reduced the general sales tax from 17% to

16% and has promised to stop printing money for deficit

financing, the announcement to sharply reduce subsidies from

2.2% of the GDP to 0.8%, is likely going to push inflation in the

short term.

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"In effect, less than 1 per cent of the companies were

able to control 40 per cent of the entire network,"Most

were financial institutions. The top 20 included

Barclays Bank, JPMorgan Chase & Co, and The

Goldman Sachs Group.

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