Islamabad , APR 12  (DNA) – As a consequent of COVID-19 crisis, the whole world, both developed and developing countries alike, is most likely to face recession period which will be more severe than 2008 great recession. In order to tackle post Covid-19 recessionary period, the multilateral institutions need to strengthen the cooperation and must help the developing countries for effective preparedness to help prevent the spread of pandemic.   Experts said this during an online COVID-19 policy response dialogue titled “Role and Future of Multilateral Institutes” organised by theRead More

Raja Furqan Ahmed The spontaneous change in the life of human kinds comes through the pandemic called COVID-19. Approximately 7.8 billion world population feels threat and larger confined at home. In many parts of the world borders are closed, trade stop, hotels, businesses shut down, churches, Mosque, learning institutions close, stock market crashes, economy collapse etc. Government takes unprecedented measures to stop the spread of coronavirous. The pandemic first outbreak in Wuhan, Hubei Province, China, in December 2019. Later on it spread around the globe and on 30 January 2020Read More

To achieve the desired goals of economic sustainability, H.E. President of Kazakhstan Kassym-Jomart Tokayev has advised the government to prepare a new befitting economic plan/path/policy to revolutionize the national economy by gearing up mechanism of structural reforms which may also mitigate the spillover socio-economic repercussions of ongoing global recession. While chairing the meeting of the Atameken National Chamber of Entrepreneurs the president instructed the administration to develop an economic reform program by May 15, 2020. In this connection, the government and Kazakh Parliament have adopted various diversified but integrated programsRead More