International magazine acknowledges Pakistan’s economic turnaround despite Coronavirus pandemic

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International magazine acknowledges Pakistan’s economic turnaround despite Coronavirus pandemic

In a Coronavirus pandemic situation, which has created difficulties for big economies of the world, Pakistan has succeeded in reviving its economy, which is expected to grow by nearly four per cent in 2021 financial year.

According to world leading Forbes Magazine report, even giants like United States and India have had difficulty dealing with the Coronavirus pandemic. In this situation, Pakistan has succeeded in reviving its economy.

It says that the services sector, which is forecasted to grow by 4.43% in 2020-2021, is responsible for the majority of the growth. This is certainly remarkable for a country like Pakistan which is becoming successful in expanding its services sector.

The agricultural sector’s predicted growth is 2.77%, while that of the industrial sector is 3.57%.