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    Pakistan warned of possible 'economic collapse' - 30 Mar 08

    Al Jazeera English

    by Al Jazeera English

    Pakistan appears to be enjoying economic prosperity and hopes of political stability. The Karachi stock exchange has enjoyed record gains.

    However, the World Bank warns that the country could be on the verge of economic collapse.

    The Bank says the new government needs to act quickly to counter sustained global economic pressure.

    And, as Kamal Hyder reports, many Pakistanis are already feeling the squeeze.