Pakistan has performed well in Covid-19

Prime Minister Imran Khan on Friday reiterated that Pakistan performed exceptionally well in combating the Covid-19, compared to the countries in the region.

Chairing a meeting of the Macro Economic Advisory Group in Islamabad, he said the government’s policies of smart lockdown and incentive for the construction industry, social protection programs and subsidies for industries, small and medium enterprises kept the economy growing at a steady pace which had been praised by commentators globally.

The government’s three years were an economic success story as it inherited huge circular debt, anti-export policies, unsustainable fiscal conditions, a less competitive business environment and policies of lack of incentive for the private sector, he added.

The prime minister said that despite the worst balance of payments crisis in the history of Pakistan in 2018, economic difficulties due to Covid, high commodity prices in the global market and humanitarian crisis in Afghanistan with a direct and indirect impact on Pakistan, the growth was still expected to be above 4%, which was a huge achievement.

PM Imran directed the departments concerned to coordinate and implement the long term and short term plans for the further betterment of both the macro-economic condition of the county and improvement in the economic condition of the people.