Pakistan’s economy as we all know is not much strong compared to other countries in the region and the world.
However, there has been a positive shift in the economy since the beginning of CPEC and other projects and trade agreements done after that.
Pakistan’s economy is recovering, in the manufacturing and construction sectors, supported by the government emergency relief,” according to a regular supplement to the Asian Development Outlook 2020.
Some official estimates suggested 2.8% growth rate during the current fiscal year.
A prolonged pandemic is still the main risk to the outlook, as it can derail recovery and undermine stability in some economies.