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Pakistan will be suffering from recession after health crisis

Syed Umarullah HussainiWeb Editor

12th May, 2020. 12:45 pm
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Shah Mahmood

Foreign Minister Shah Mahmood Qureshi while addressing the floor of National Assembly warned that Pakistan will be suffering from recession after health crisis.

On Tuesday, Foreign Minister Shah Mahmood Qureshi said recession will follow the coronavirus health crisis. “The world is saying this. The global economy is going to contract by 3 per cent. It amounts to trillions of dollars and it will have a huge impact on Pakistan,””Our exports have decreased by 40pc. There is a danger of layoffs [of Pakistani labourers] in Gulf states, remittances might go down by 20 to 23pc.” The government does not aim to “bury the 18th Amendment”.

Responding over 18th amendment, he said “We say that the weak points [of the amendment] should be checked and addressed. We don’t have a two-thirds majority to bring any change, why are you afraid? Shah Mahmood Qureshi has that prime minister did not say that the lockdown was enforced by “elites”. “What happens in politics sometimes is that you are quoted out of context,” Shah Mahmood Qureshi said. “PM did not say elites enforced lockdown, I shall clarify.”

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