Consultant to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh has asked global advancement accomplices and government organizations to keep assessing the misfortunes endured by the Pakistani economy due to COVID-19 to enable the administration to think of a quick and powerful arrangement.
The counselor was leading a gathering to assess the financial misfortunes endured by Pakistan due to COVID-19. The gathering was additionally gone to by Minister for Industries and Production Mr. Hammad Azhar, Adviser to the Prime Minister on Commerce and Investment Abdul Razak Dawood and senior authorities of the Finance Division.
The counselor valued the phenomenal work done by the Planning Commission, the State Bank of Pakistan, and the improvement accomplices in surveying and assessing the misfortunes endured by the economy. He said that the administration had reported its Rs. 1.2 trillion boost bundle not exclusively to support organizations yet in addition the least fortunate portions of our populace in easing their hopelessness and languishing.
Prior, Governor State Bank of Pakistan M Reza Baqir who went to the gathering on Zoom introduced a point by point examination of the State Bank of Pakistan just as its arrangement reaction to the monetary effect of the novel coronavirus.
Xiaohong Yang, Country Director for Asian Development Bank in Pakistan, likewise gave an itemized introduction on the financial misfortunes endured by nations in Asia as a rule and Pakistan specifically. The information introduced by ADB likewise gave promising indications of recuperation for Pakistan’s economy in the post-COVID 19 situations.
During the gathering, Julien Harneis, United Nations Resident Coordinator Humanitarian Coordinator in Pakistan, and Patchamuthu Illangovan, Country Director of the World Bank in Pakistan, likewise gave comparable information. Asif Saeed, Member Planning Commission, additionally introduced a nitty gritty report arranged on the guidance of the Government on the monetary misfortunes endured by the economy.
