An ethanol plant with its giant corn silos next to a cornfield in Windsor, Colorado July 7, 2006. — ReutersMiftah warns against making “hasty decisions without proper assessment”.Says sugar mills could enter sector quickly if ethanol proves viable.Expresses doubts about immediate…
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Pakistan seeks Saudi Arabia’s $5bn oil facility, $5bn deposit rollover for 10 years

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ADB forecasts Pakistan growth at 3.5%, warns of Middle East risks

An image of the Asia Development Bank’s logo. — Reuters/FileGrowth seen rising to 4.5% next year.Inflation projected at 6.4% this fiscal year.Middle East conflict seen as major external risk.
ISLAMABAD: The Asian Development Bank has forecast Pakistan’s economy to grow by…




