G20 officials expected to discuss uneven economic recovery from COVID-19 crisis ROME Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account
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LENA MUCHA/The New York Times News Service
The world’s financial leaders will discuss on Wednesday how to coordinate policies to prevent their virus-battered economies emerging from recession at highly different speeds, officials said ahead of the virtual meeting.
When finance ministers and central bank governors of the world’s top 20 economies hold their video-conference the patchy response to the ongoing COVID-19 crisis will be high on their agenda, officials from the Italian presidency said.
Head of PPP Media Cell
The much flaunted about narrative to prioritize ‘geo-economic’ over geo-politics’ could not withstand the first arc of strategic headwind as it ran into sand when the PTI government immediately obliged the other stakeholders by reversing the decision of importing sugar, cotton and cotton yarn from India. It was apparently contemplated to benefit the local consumers and the small textile industry. The decision of the Economic Coordination Committee (ECC) to import sugar and cotton from India was enthusiastically announced by the newly appointed Finance Minister Hammad Azhar unleashing euphoria of the commencement of meaningful peace process between two the countries. The prime minister also approved the Economic Coordination Committee (ECC) decision to import the commodities evidently suggesting the first good step to the culmination of the ‘geo-economic’ doctrine entailing major paradigm shift. But, it was short lived, ironically.
Experts call for ease of doing business to revive economic growth
National
April 5, 2021
Islamabad: Dr. Erfa Iqbal, CEO, Punjab Board of Investment and Trade, has said that the Punjab government is looking forward to receiving proposals from the business community prior to finalising the provincial budget for the next financial year.
Dr. Erfa was addressing a pre-budget meeting on ‘Better business regulations’ jointly organised here line by Sustainable Development Policy Institute and National Textile University, Faisalabad.
Dr. Erfa said that the private sector has a critical role in the growth of the economy adding that all sectors of the economy need to come up with specific suggestions about taxes, business facilitation, access to infrastructure, investments, and other related aspects of doing business.
The Monthly Economic Review for March 2021 released by the Department of Economic Affairs (DEA) said that the agricultural sector remains the bright spot of Indian economy with foodgrains production touching 303.3 million tonnes in 2020-21 beating record production levels for the fifth consecutive year in a row.Furt