Pakistan has suffered Rs2.5tr loss because of Covid-19

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Pakistan is estimated to have faced an economic loss of up to Rs2.5 trillion because of the Covid-19 pandemic in the current fiscal year.

This was the near-consensus reached by various international lending agencies and different arms of the government attending a meeting presided over by Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh.

They also agreed that the pandemic would have a spillover impact in the next fiscal year.

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