Pakistan economy rises by 3.7% during FY12: SBP

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PTI: Karachi, Jan 31 2013, 12:00 IST
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reserves," the report said.

"Since the size of the fiscal deficit last year was mainly due to one-off factors, we are hoping things will be better this year, the report said.

The central bank also expressed hope that inflows from privatisation and the 3G licences will also be realised in FY13.

The Karachi Stock Exchange market closed higher on Wednesday with higher volume in telecoms on expectations of stronger earnings in the last quarter.

The KSE benchmark 100-share index ended 0.19 per cent, or 33.23 points, higher at 17,205.27.

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