E-Paper | June 12, 2026

Government begins work on emergency bailout package

Published March 20, 2020
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Business and commercial activities in the country’s economic nerve-centre Karachi have come to a halt as the Sindh government has partially locked down the port city to contain the spread of coronavirus pandemic. The disruption of economic activity has put livelihood of a large population at risk.—Photo by Fahim Siddiqi
Business and commercial activities in the country’s economic nerve-centre Karachi have come to a halt as the Sindh government has partially locked down the port city to contain the spread of coronavirus pandemic. The disruption of economic activity has put livelihood of a large population at risk.—Photo by Fahim Siddiqi

Projecting at least $10 billion losses to the national economy because of coronavirus pandemic, the government is considering an “economic emergency bailout package” within a week to address the likely short-to-medium term liquidity crunch to various sectors of the economy.

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