Islamabad: Analyst Shahbaz Rana said that Pakistan’s resources are not such that it can meet the investment needs in all sectors of Pakistan with its own resources, so most of the efforts are made to take loans in Pakistan.
He said that if we look at it as a whole, taking loans is not such a bad thing, but there are two basic conditions for it, one is that the loan should be relatively cheap and the second is that there should be a return from the places where it is invested.
The World Bank is going to lend $20 billion to Pakistan. These loans will be given in only six sectors, the first of which is health, the second is education, the third is protection from climate change, the fourth is decarbonization, the fifth is to increase fiscal space and the sixth is to promote investment in the private sector.
Analyst Kamran Yousuf said that the World Bank has decided to announce a new policy for Pakistan in the next few days, how much loan will be given to Pakistan in the next ten years?
Some changes have been made in it compared to the past because political changes occur in Pakistan every now and then and as a result, the continuity of policies is not maintained, so efforts have been made to ensure that the political changes in Pakistan in the next ten years do not affect the World Bank’s program much.
Kamran Yousuf said that the World Bank’s decision to provide loans to some selected sectors in Pakistan is very reasonable because the private sector is not interested in investing in these sectors and even so, these sectors are the responsibility of a state.
