As coronavirus continues to wreak economic havoc, accounting for over 600 deaths across the world, Prime Minister Imran Khan said Friday there was a need to come up with out-of-the-box approaches to tackle the fiscal challenges in the wake of COVID-19.
He chaired a meeting to review the economic situation and future economic outlook in which the Ministry of Finance gave a comprehensive overview of the various macroeconomic indicators over the last nine months of the current financial year.
The PM was also informed of the pandemic COVID-19’s economic impact. The meeting discussed the Economic Stimulus Package’s progress and effect. And a total of Rs 1.25 trillion announced by the Government to provide relief to the poor and vulnerable sections of society.
In appreciating the performance of various economic indicators over the last nine months, Prime Minister cherished the work of the Ministry of Finance to deliver financial discipline and relief during the COVID-19 situation.
He emphasized that goals and objectives for the next development plan for the public sector should be clearly established with an emphasis on project completion rather than pure initiation.
He also emphasized the need for full use of the model of public-private partnership and including international development partners to improve and extend the reach of the development plan for the public sector
Extracted from City42 News