Pakistan's better Covid-19 strategy works during pandemic: Bloomberg
International business magazine Bloomberg on Saturday said that Pakistan’s decision to loosen Covid-19 restrictions early has helped the country’s exports emerge stronger than its South Asian peers. In a report, the economic journal said the outbound shipments have grown at a faster pace than Bangladesh and India as textiles, which account for half of the total export, led the recovery. The country saw total shipments grow 7pc in September, compared with New Delhi’s per cent and Dhaka’s 3.5 per cent. The report said that Prime Minister Imran Khan’s administration was the first in the region to ease pandemic restrictions, allowing export units to reopen in April, a month after locking them down to stem the spread of Covid-19. This helped draw companies from to the South Asian nation. “Pakistan has seen orders shifting from multiple nations including China, India and Bangladesh,” the report quoted Shahid Sattar, secretary-general at the All Pakistan Textile Mills Association as hav...