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Not sure how much time will economy take to stabilize, says Imran Khan

by Web Desk July 8, 2020

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 Not sure how much time will economy take to stabilize, says Imran Khan

ISLAMABAD: Prime Minister Imran Khan on Wednesday said amid uncertain situation due to coronavirus pandemic, no one knew how much time it will take to the economy to get on track.

Addressing online International Labour Organization (ILO) conference in Islamabad, the PM said, “No one is sure right now that where we are headed. I am praying that some vaccine comes out as a cure to this virus. But in the meantime uncertainty prevails.”

He said what we all knew was that the most vulnerable segment of our society was labourers that’s why the international summit was really important. We needed to share ideas and have a joint strategy on protecting our labour class, he maintained.

Also Read: IMF predicts worse contraction to hit global economy

“Small and medium enterprises which employ the highest number of people is the most vulnerable. In fact, the most bankruptcies are in the SMEDA sector,” he added.

Imran Khan said our second problem was the workers who were working abroad as this country depended heavily upon the remittances. There were other many countries which relied on remittances sent by the workers abroad, he said.

PM Imran said the countries hosting the workers should show some sympathy, even though we know that every country was going through difficult times.

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