Forbes, a leading American business magazine has recently lauded the efforts of Pakistani Government for tackling pandemic successfully and to stabilize as well as grow the economy of Pakistan, by stating that the Pakistan’s government has successfully revived its economy through its prudent policies that is expected to grow at 4% during the time of pandemic.
The Magazine of Forbes said that the successful management of Pakistan tackles the pandemic and also get success in IMF program, as evidence the GDP grows by 4% that is a testament to the growth of potential and also the good investment opportunities in Pakistan.
However, it is also stated that when the countries like US and India had difficulties in dealing with the COVID-19 pandemic. Pakistan, a developing country has succeeded in reviving its economy that is expected to grow at a rate of 4%, while exceeding the initial estimates in the year, 2021.
The SBP- State Bank of Pakistan initially forecast the rate of 3% increase in the total GDP of the country, while the IMF- International Monetary Fund along with the World Bank forecasts an increase of about 1.5% & 1.3%, respectively for Pakistan.
Source: Startup Pakistan
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