Pakistan, in talks with the IMF about its $6 billion bailout programme, set a growth target at 4.8% of GDP for the 2021-22 financial year and a fiscal deficit target of 6.3% on Friday.
Pakistan on Wednesday hailed the administering of 10 million doses of coronavirus vaccines as an important step towards its goal of vaccinating 70 million people by the end of the year. "Thank God, we have succeeded in administering 10 million vaccine (doses)," the minister in-charge for COVID-19 operations, Asad Umar, told a ceremony to mark the milestone in Islamabad. "Our target is to vaccinate up to 70 million people by the end of this year," he said of the total adult population eligible for the vaccination out of a 220 million nation.
By Asif Shahzad
ISLAMABAD -Pakistan said on Wednesday it will commit to spend $1.1 billion on procuring COVID-19 vaccine to inoculate eligible adults.
Pakistan hailed the 10 million doses of vaccines already administered as an important step toward its goal of vaccinating eligible people by year end.
The Economic Coordination Council (ECC) “expressed the government’s commitment to provide $1.1 bln for procurement of COVID-19 vaccine,” the finance ministry said in a statement.
It said the money will be spent to inoculate between 45 million and 65 million eligible adults this year in the country of 220 million.
The ECC approved $70 million on Wednesday to top up $130 million it sanctioned in May.
By Asif Shahzad ISLAMABAD (Reuters) - Pakistan has started producing the single dose Chinese CanSinoBio COVID-19 vaccine to be able to deliver 3 milli.