World Bank sees Pakistan’s economic growth sliding to 1%
World #Bank reported on Friday that, “#Pakistan’s economic growth may slip to nearly 1% — the situation that the country went through at the time of the last severe global financial crisis”.
The drivers for this slowdown are the services and the manufacturing sectors that contribute 80% to total economic activities.
The #WB Board of Executive Directors has approved a $200 million package to help Pakistan take effective and timely action to respond to the #Covid-19 outbreak by strengthening the country’s national #healthcare systems and mitigating socioeconomic disruptions.
Source: Express Tribune