Global pandemics have been around for almost thousands of years. Almost after every hundred years these epidemics reappear with slight transformations in their nature and shape. The global outbreaks of these pandemics such as Cholera, bubonic plague, smallpox, and influenza have been the ruthless slayers of masses throughout history. In the year 2019, Corona – […]
3SharesA recent report by Institute for Business Administration (IBA) Karachi has assessed economic climate vis a vis social distancing measures, spiking inflation, poverty and unemployment which are only fanning the fears of worst to come- a global recession. Such a deteriorating economic trajectory caused by the outbreak of COVID-19 presents an inflection point in Pakistan. […]
25SharesAli Salman Andani explains how Coronavirus is taking a toll on the dollar-strapped Pakistani economy. “A 225 basis point reduction in policy rate at a time when at least 400-500 reduction is necessary to induce consumption and investment demand was equivalent to turning a blind eye to a failing economy”, he argues. The World Health […]