Edit Content
Pakistan Today Pakistan Today

We must explain to you how all seds this mistakens idea off denouncing pleasures and praising pain was born and I will give you a completed accounts off the system and expound

Slate’s Washington, 1707 L St. NW, Washington, D.C., 20036.

+012346789

example@gmail.com

Sign In
Monday June 5, 2023
Pakistan Today Pakistan Today
  • Live Update
  • Home
  • Latest News
  • Live TV
    • News
  • Entertainment
  • Travel
  • Business
  • Sports
 Pakistan spends only 2.1pc of GDP on infrastructure: SBP governor
Latest News Pakistan

Pakistan spends only 2.1pc of GDP on infrastructure: SBP governor

by Courtesy Ary March 14, 2023 0 Comment

KARACHI: State Bank of Pakistan (SBP) governor Jameel Ahmed Khan said Islamabad spends only 2.1pc of its total Gross Domestic Product (GDP) on the ins fracture of the country, ARY News reported.

He was addressing Infrastructure Summit in Karachi on Tuesday.

The SBP governor said after the outbreak of coronavirus, the need for spending on infrastructure across the globe has increased, and added as much as $80 billion is needed for the provision of basic facilities to the people in the world.

“The world needs $920 billion yearly for infrastructure projects.” Jameel Khan noted that Pakistan is facing a shortage of investment in infrastructure projects.

Pakistan needs heavy investments in energy, communication, transport and other sectors, he added.

Read more: Jameel Ahmad appointed SBP governor for five years

Commenting on the last year’s destruction caused by the floods, SBP governor Jameel Ahmed Khan said Pakistan needs funds of $16 billion to overcome the impact of the disaster.

He regretted that Pakistan only spent 2.1pc of its total GDP on infrastructure projects. , which is the lowest in the world. Mr. Khan said Pakistan needs a lot of investments but the resources are limited.

Share This:

Previous post
Next post

Courtesy Ary

author

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Contact with us
  • 0.4K
    Fans
    0.4K
    Fans
Categories
  • Biography 6
  • Latest News 1565
  • Live TV 9
  • News 9
  • Pakistan 1565
Pakistan Today Pakistan Today

Get The Post

Breaking News
Iran News
Coronavirus
World News
Our Magazines
Digital Library

Our Sites

Tributes to Europe
Commercial Real Estate
Advertise Locally
Newspaper in Education
Customer Service
Sell Your Home

Quick Links

About Us
Careers
Diversity & Inclusion
Newspaper in Education
Today's Paper
Digital Library

Follow Us

Download App

Subscribe

© Copyright 2023. All rights reserved.