World Bank loan for flood relief not in jeopardy: Ministry pakobserver.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pakobserver.net Daily Mail and Mail on Sunday newspapers.
Ministry of Planning Development & Special Initiatives (PDSI) on Saturday said that the World Bank loan amounting to $400 million for flood relief is not in jeopardy and that pledges made by donors exceed the requirement
Over 20 Million People Became Jobless in Pakistan Due to COVID-19
The COVID-19 pandemic has eaten up the livelihood of 20 million people in Pakistan due to preventive lockdowns restrictions locally and globally, which ultimately slowdown in the business activities, according to data upgraded by the Pakistan Bureau of Statistics (PBS).
The survey reveals that the total employment was at 55.7 million workers before the imposition of lockdowns and fell to 35 million when the constraints on movement were at their peak – a decrease of 37 percent.
However, since then, with ease in restrictions and gradual restoration of economic activity, total employment recovered to 52.5 million.