Economic Landscape amid Pandemic

KAMRAN NASIR

The year 2020 has been unequivocally unique,  for obvious reasons. During the global storm, Pakistan remained relatively sunny, all considered. Yes, the economy suffered, jobs and even lives were lost. But looking back, the fears that had gripped the nation in the earlier part of the year thankfully remained shy of reality. Here, the Government’s bold step of not opting for a blanket curfew despite criticism from a number of groups turned out to be a well-calculated call — one that went on to receive international acclaim.

This article aims to provide an economic recap of the year from various lens and present an outlook for 2021 along with shedding light on the broader issues at hand. This year is expected to be friendlier than the last, assuming that the pandemic is reined in, even if not completely eliminated. However, a mutating virus remains a lurking threat to a smooth journey back to the old normal. Read More…

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The Islamabad Policy Institute (IPI) is a nonpartisan, independent policy research institute based in Islamabad. Our goal is to undertake in-depth analysis of challenges and choices confronting Pakistan. We aim to help policymakers and public better understand the world, region and Pakistan-specific challenges and opportunities. We make efforts to engage government, civil society, private sector, media, academia in open debates and dialogue on the most significant developments in national and international affairs. We envision contributing to policy-making through periodic policy-papers putting forward policy-recommendations developed in collaboration with experts and stakeholders in each area. IPI takes no institutional position on policy issues.

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