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World Bank sees Pakistan’s economic growth

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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”.

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The drivers for this slowdown are the services and the manufacturing sectors that contribute 80% to total economic activities.

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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

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