Pakistan to be listed in G 20 Debt Relief Plan World Bank and the International Monetary Fund (IMF) stressed G 20 grouping to ensure instant debt relief to underdeveloped countries in lieu with Covid-19 pandemic. Pakistan is also announced eligible
Global Investment Consortium to invest billions in Pakistan Global Investment Consortium (GIC) intends to invest up to €50 billion in Pakistan. GIC investment will be focused to China-Pakistan economic Corridor (CPEC). Keeping in view the World Bank report that expects
Pakistan to experience recession due to COVID-19: World Bank According to World Bank issued report, Pakistan is expected to face a severe recession. It will cause economy to shrink by 2.2%. Also, it will badly effect the per ca-pita income.
Executive Committee of National Economic Council (ECNEC) grants approval for land acquisition for Dasu Hydropower Project. Overall, this project costs PKR. 335.61 Billion. This project was kept in pipeline for more than 3 years. Read : RDA Finalized Rawalpindi Master