Pakistan’s economy recovering: ADB report

The Asian Development Bank (ADB) said Pakistan’s economy is recovering, particularly in manufacturing and construction, supported by government’s emergency relief

Dec 11, 2020
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The Asian Development Bank (ADB) said Pakistan’s economy is recovering, particularly in manufacturing and construction, supported by government’s emergency relief.

In a brief comment on seven pages, Asian Development Outlook Supplement released by ADB Thursday discussed the largest economies of its member states but it did not include Pakistan on account of sharing many details in its seven-page report.

Despite the continuous spread of COVID-19, most economies have continued to relax containment measures, having deemed strict lockdowns to be economically unsustainable. Variation in the intensity of containment reflects the state of outbreaks in different economies. Containment remains relatively stringent in Central, South, and Southeast Asia, where outbreaks have continued in some economies and reemerged in others. Containment is less stringent in East Asia and the Pacific where outbreaks are under control or absent.

https://www.thenews.com.pk/print/756875-pakistan-s-economy-recovering-adb-report

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