Follow
WhatsApp
|

For the first time, World Bank rates Pakistan among top 5 countries of the World

For the first time, World Bank rates Pakistan among top 5 countries of the World

ISLAMABAD – For the first time, Pakistan has become one of the fivecountries in the world with the most investment commitments in the firsthalf of the year.

According to the World Bank’s Half Yearly Report on Private Participationin Infrastructure 2020, Pakistan has the fourth highest investmentcommitments during first half of the current year, with 1.9 billion dollarsof investment commitments.

The report has termed the current year’s Private Participation inInfrastructure as unprecedented because of COVID-19 which has brought manysectors, including infrastructure, to a near standstill.

Total commitments in the first half of current year stood at 21.9 billiondollars in 34 countries, a decline of 56 percent from the same period lastyear.