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

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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 five countries in the world with the most investment commitments in the first half of the year.

According to the World Bank's Half Yearly Report on Private Participation in Infrastructure 2020, Pakistan has the fourth highest investment commitments during first half of the current year, with 1.9 billion dollars of investment commitments.

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

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