Tag Archives: Economy contracts 1.5pc in CY2020: study

LAHORE: Pakistan’s economy contracted by 1.5 per cent during CY2020 as the Covid-19 pandemic took its toll through the year, leading to net loss of over 715,000 jobs and pushing close to 2.5 million people into extreme poverty. A new study — Growth, Jobs, Welfare and Macro Policy in Pakistan 2020 — by the Lahore School of Economics has estimated …

Read More »