State Bank of Pakistan - Annual Report 2004-2005

According to the State Bank of Pakistan's Annual Report 2004-2005, the year remained eventful in many aspects including record high economic growth.

This growth was fuelled by an unprecedented rise in credit off-take by private sector, with other notable events including a remarkable performance by banking industry, record high oil prices, and highest inflation in last 6-7 years.

"While the extraordinary performance of the economy that owes overwhelmingly to the sounder and more efficient

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