The federal budget Desperate circumstances, courageous measures

Pakistan’s economy had already been suffering before the COVID-19 outbreak, it was in no imminent danger of a recession. The Current Account Deficit dropped by nearly 73%; the “primary balance” was positive, at 0.3% of the GDP; the credit rating had improved from negative to stable; and the country’s rank on the “Ease of Doing […]

from Daily Times https://ift.tt/31hNFOR