scale manufacturer (LSM) remained strong at the level of 8.8 percent and fiscal deficit was on the target. She said that inflationary pressures have come down and core inflation is at the lowest rate of 5.2 percent in the year 2007. Ms Akhtar said that the SBP has consistently lent a helping hand to the textile industry due to its strategic significance and contribution to the overall industrial output, export and employment generation, recognizing the intense international competition faced by Pakistan. --MORE
