{"id":64721,"date":"2020-04-28T09:00:27","date_gmt":"2020-04-28T04:00:27","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=64721"},"modified":"2020-04-28T12:35:21","modified_gmt":"2020-04-28T07:35:21","slug":"federal-think-tank-identifies-areas-improve-economy-mitigate-economic-downturn","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/federal-think-tank-identifies-areas-improve-economy-mitigate-economic-downturn.html","title":{"rendered":"Federal think-tank identifies areas to improve economy, mitigate downturn"},"content":{"rendered":"\n<p>Islamabad: The federal think-tank \u2014 established on the directives of Prime Minister (PM) Imran Khan \u2014 during its recent, second meeting identified several key areas to boost the country\u2019s economy and mitigate the financial downturn brought about by the COVID-19 pandemic, a news source reported.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/diamer-bhasha-dam-increase-work-pacek-asad-umar.html\" target=\"_blank\" rel=\"noreferrer noopener\">Diamer Bhasha Dam: Minister Umar directs to increase work pace for meeting project deadline<\/a><\/p>\n\n\n\n<p>As per the publication, PM\u2019s Advisor on Finance Dr. Abdul Hafeez chaired a meeting of the think-tank on Saturday. Other officials present during the session included Dr. Ijaz Nabi, Dr. Ishrat Husian, Shaukat Tareen, Arif Habib, Sultan Ali Allana, and Dr. Waqar Masood.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/dha-multan-inks-mou-with-numl.html\" target=\"_blank\" rel=\"noreferrer noopener\">DHA Multan inks MoU with NUML, allocates 10 acres for city campus<\/a><\/p>\n\n\n\n<p>The think-tank has been tasked to deliberate over the situation caused by the <a href=\"https:\/\/www.zameen.com\/news\/kp-shares-ramzan-sops-for-extended-lockdown-period.html\" target=\"_blank\" rel=\"noreferrer noopener\">COVID-19 outbreak<\/a>, understand its repercussions on the economy, and recommend measures for improved economic performance. The forum identified a number of key areas for the mitigation of an economic downturn, including small &amp; medium-sized enterprises, large businesses, public finances and fiscal matters, banking sector and monetary affairs, social safety nets, commodity prices, non-governmental organizations (NGOs) and private sector, and public health challenges.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/govt-business-community-support-panagah-programme.html\" target=\"_blank\" rel=\"noreferrer noopener\">Govt seeks business community\u2019s support to set up more panagahs<\/a><\/p>\n\n\n\n<p>The group discussed the need to revise the policy rate and allow the public to benefit from the reduced oil prices. The members also emphasised liquidity for banks, given that banks boost the economy in times of crisis. The scope of a bailout package for large businesses and its need was also discussed \u2014 along with the reduction of Goods and Services Tax (GST) to 5% from the current rate of 17%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The federal think-tank \u2014 established on the directives of Prime Minister (PM) Imran Khan \u2014 during its recent, second meeting identified several key areas to boost the country\u2019s economy and mitigate the financial downturn brought about by the COVID-19 pandemic, a news source reported. Read: Diamer Bhasha Dam: Minister Umar directs to increase work pace for meeting project deadline As per the publication, PM\u2019s Advisor on Finance Dr. Abdul Hafeez chaired a meeting of the think-tank on Saturday. Other officials present during the session included Dr. Ijaz Nabi, Dr. Ishrat Husian, Shaukat Tareen, Arif Habib, Sultan Ali Allana, and Dr. Waqar Masood. Read: DHA Multan inks MoU with NUML, allocates 10 acres for city campus The think-tank has been tasked to deliberate over the situation caused by the COVID-19 outbreak, understand its repercussions on the economy, and recommend measures for improved economic performance. The forum identified a number of key areas for the mitigation of an economic downturn, including small &amp; medium-sized enterprises, large businesses, public finances and fiscal matters, banking sector and monetary affairs, social safety nets, commodity prices, non-governmental organizations (NGOs) and private sector, and public health challenges. Read: Govt seeks business community\u2019s support to set up&hellip;<\/p>\n","protected":false},"author":76,"featured_media":64102,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15012],"tags":[27400,27402,27399,21895,27403,27401],"persona":[],"class_list":{"0":"post-64721","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-allied-industries","8":"tag-banking-sector-and-monetary-affairs","9":"tag-commodity-prices","10":"tag-pms-advisor-on-finance-dr-abdul-hafeez","11":"tag-prime-minister-pm-imran-khan","12":"tag-public-finances-and-fiscal-matters","13":"tag-social-safety-nets","14":"cat-15012-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Federal think-tank identifies areas to improve economy, mitigate downturn - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The federal think-tank \u2014 established on the directives of Prime Minister (PM) Imran Khan \u2014 during its recent, second meeting identified several\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/federal-think-tank-identifies-areas-improve-economy-mitigate-economic-downturn.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Federal think-tank identifies areas to improve economy, mitigate downturn - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The federal think-tank \u2014 established on the directives of Prime Minister (PM) Imran Khan \u2014 during its recent, second meeting identified several\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/federal-think-tank-identifies-areas-improve-economy-mitigate-economic-downturn.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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