Pak less affected by current global crisis?

[kmaabbasi]

Copied From Geo: Any way Janaab affect wahaan hota hai jahaan economy ho, Tum tou bheek per chal rahay ho
In the whole world the interest rate is bellow 3 percent and you are still at 15% you call your self Muslim believe or not you don't deserve any mercy.
some one please tell them the meaning of sham they don't even know the meaning of that.

Pak less affected by current global crisis: Governor State BankPak less affected by current global crisis: Governor State Bank
Updated at: 1017 PST, Friday, May 15, 2009

KARACHI: Governor State Bank of Pakistan Syed SalimRaza says Pakistan has been less affected by current global crisis as its banks are well capitalized; their assets and liabilities are squarely domestically based.Addressing MAP Corporate Excellence Awards Ceremony here, he said in comparison with other Asian economies, which heavily rely on exports to developed world, Pakistan is less affected because of its limited exports and low exposure in i .... Full Story

 

[SATRONICS]

Pakistan is not effected by global recession because it is not part of global economy. Its export may be .1 percent of global economy. So it is not exporting so much to global consumer like europe and america it is not effected by global recession. Country like china and india those are biggest exporter to europe and america get effected by global recession because their export decline. Pakistan economy depend on foreign remittance from apkistanis working in other countries and usaid.Pakistan sees increase in foreign remittance due to pakistanis loosing jobs in other countries and they are planning to come back to pakistan in near future. When these peoples come back to pakistan who will send this remittance?