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What a Biden administration could mean for Pakistan s economy

What a Biden administration could mean for Pakistan’s economy Business January 21, 2021 KARACHI: Joe Biden’s presidency is set to change much about the US foreign policy, but the new administration is unlikely to shift its stance on economic relations with Pakistan, experts said on Wednesday. With the Biden’s inauguration, experts see no significant change in the US policy towards Pakistan. Pakistan is seen in the US from the AFPAK (an abbreviation that referred to the Obama administration’s Afghanistan-Pakistan strategy), Indo-Pak and China Pakistan Economic Corridor (CPEC) lenses in which the US policy has been transactional in nature.

Ex-SBP governor suggests measures to stimulate economic activity - Newspaper

Yaseen Anwar speaks at the event. White Star KARACHI: “In a world of uncertainty and the impact of global developments, including Covid-19, economic policymakers will face many challenging and unprecedented headwinds. In these circumstances, three themes the Belt and Road Initiative, climate change and technology with sustainable finance will play as the underlying feature and core areas in bringing value to the financial industry, economy and the world as a whole.” This was stated by former governor of the State Bank of Pakistan Yaseen Anwar, during his talk titled ‘The pandemic: challenges and trends for the global economy and Pakistan’, organised by the English Speaking Union of Pakistan at a hotel here on Thursday.

Pakistan to benefit from infrastructural uplift under BRI

Pakistan to benefit from infrastructural uplift under BRI Business December 18, 2020 KARACHI: Pakistan’s economy would benefit from improvement in road and transportation infrastructure under the Belt and Road Initiative (BRI), the SBP’s former governor said on Thursday. “Although the global economy is picking up, the world will never be the same again,” Yaseen Anwar, ex-governor of the State Bank of Pakistan said during a seminar organised by English Speaking Union of Pakistan. “The global economy will revolve around the $2 trillion BRI, climate change and fintech space,” he said. BRI would encompass 65 percent of the world population, 40 percent of global trade and linking over 100 countries through road infrastructure.

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