Covid-19 crisis: Saarc nations roll out stimulus packages to boost economy

The Saarc countries have rolled out a raft of stimulus packages to boost investments, buffer private businesses and bolster growth in response to the Covid-19 pandemic that has upended life and disrupted economic activity in a region inhabited by over 1.8 billion people.

The World Bank recently warned that South Asia faces its worst economic performance in 40 years due to the deadly coronavirus pandemic which has been wreaking havoc worldwide.

It advised the governments to "ramp up action to curb the health emergency, protect their people, especially the poorest and most vulnerable, and set the stage now for fast economic recovery".

India,