Pakistan’s Economy Shows Momentum as Virus Cases Taper Off
- Covid-19 worries dim as cases drop, 96% patients recovered
- Cement sales rise close to record, gasoline at all-time high
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Pakistan is showing signs of business activity picking up at a faster clip, as worries about new coronavirus infections fade in an economy that contracted for the first time in seven decades.
Evidence of momentum returning can be seen from growing cement-to-fuel sales and demand for home appliances to cars. That’s happening even as Pakistan added fewer than 2,900 cases last week compared with almost 35,000 cases in a week in June, and 96% of the total 300,000 infected have fully recovered.