State Bank Governor Jameel Ahmed said Pakistan spends only 2.1 percent of its GDP on infrastructure, and $16 billion is needed for the exit.
The State Bank Governor in his address at the Nut Shell Infrastructure Summit said that apart from flooding, the needs for food, health, clean drinking water and agriculture are several billion dollars. Pakistan’s investment in infrastructure is the lowest in the world. Investment in the country’s economy is developing, Pakistan spends only 2.1% of GDP on infrastructure, 2 billion people in the world do not have access to clean drinking water.
He said that after the corona epidemic, the need for investments in infrastructure projects has increased, providing basic facilities in the world requires 80 thousand billion dollars, and infrastructure projects annually require 920 billion dollars. Pakistan is facing a shortage of infrastructure projects, which require huge investments in energy, communication, transport, clean drinking water and other sectors. Pakistan’s investment needs are great, but financing resources are very limited.