Pakistan's central bank to adopt a wait-and-see approach to spur business confidence, governor says

SINGAPORE — Pakistan's central bank is in "wait-and-see" mode to give businesses the confidence they need to start investing again and keep people employed, Governor Reza Baqir said Wednesday.

Though Pakistan has reported more than 308,000 cases since January, the number of daily infections has gone down since its peak in June. Still, the country is reporting hundreds of new cases everyday, according to Johns Hopkins University data. , disbursed in tranches, to stave off a potential balance of payments crisis in exchange for fiscal consolidation and structural reforms.country's total debt and liabilities was about 44.56 trillion Pakistani rupees

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Asian business confidence rebounds sharply, pandemic casts shadow - Thomson Reuters/INSEAD surveyBusiness sentiment among Asian firms rebounded in the third quarter as easing coronavirus restrictions lifted sales but lingering uncertainty over the pandemic thwarted a return to business-as-usual, a Thomson Reuters/INSEAD survey showed. If realDonaldTrump reacted as well as most countries to COVID19, the US would be doing better too! We shouldn't always be judged just for having an incompetent leader that fucks his own daughter! Guess a short sharp lockdown is better for the economy than seesawing in the West.
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