Wednesday , 19 September 2018

Tag Archives: CPEC)

CPEC to fortify mutual growth of time tested allies

CPEC to help usher in new era of economic growth: Bakhtiar Minister for Planning, Development and Reforms Makhdoom Khusro Bakhtiar Sunday said China Pakistan Economic Corridor (CPEC) project ensures country’s bright future besides helping to usher a modern era of trade and economic growth. Talking to Vice Chairman National Development and Reform Commission (NDRC) of China, Ning Jizhe here on …

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Fixing Pakistan’s domestic economy

Revamping Pakistan’s domestic economic base It is and has never been about external security challenges A few days ago, Moody’s, an American business and financial services corporation downgraded Pakistan’s economic rating from ‘stable’ to ‘negative’. A couple of years ago, Moody’s had termed Pakistan’s ratings stable mainly owing to the return of businesses due to an improved security situation and …

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Pakistan’s Economy under PML-N

The PML-N’s economy Taking a break from the Economic reforms series, let’s evaluate the PML-N government’s performance in managing the economy. When the government assumed office in June 2013, the economy was in dire straits. In the previous five years, growth rate had averaged three percent (the lowest in the country’s history) and inflation had averaged around 12 percent. The …

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How CPEC can bring Pakistan, CARs closer

CPEC to provide impetus to Pak-CARs relations The CPEC route provides immense opportunities to CARs, a region that entered the world after the disintegration of the Soviet Union in 1991, to expand trade with Pakistan and also go through China for trade expansion. In the context of geo-strategic situation in the region, CPEC offers an alternative solution to link up …

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Why Pakistan must have more than one friend

For Pakistan, China’s an Expensive Date The country needs to widen its circle of friends. We’re about two months away from elections in Pakistan — elections that are almost certain to be shrouded in controversy, one way or another. And, worryingly for Pakistan, it appears that the economy is weakening, just in time for the instability that might follow from …

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The damaging disqualified Sharif

Ex-Pakistani Prime Minister puts Pakistani military and China on the spot Ousted Pakistani prime minister Nawaz Sharif kicked up a storm when he earlier this month seemingly admitted that Pakistan had supported militants who attacked multiple targets in Mumbai in 2008,  killing 166 people. Mr. Sharif’s admission, which he has since tried to walk back, put a finger on Pakistan’s controversial policy of selective support …

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Ahsan Iqbal: Pakistan’s economy doing better than before

Pakistan’s Economy In Better Shape After Five Years Of Governance: Ahsan Iqbal Minister for Planning, Development and Reforms Ahsan Iqbal here on Thursday said Pakistan was in a better condition after five years of governance of the present government that ended energy shortages, curbed terrorism and kept the economy moving on a faster pace. ISLAMABAD, (UrduPoint / Pakistan Point News …

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$140 million for K-P roads improvement – ADB

ADB to give $140 million for improving K-P roads Pakistan and the Asian Development Bank (ADB) on Wednesday signed an agreement for a $140-million loan to improve road network and enhance road safety and maintenance in Khyber-Pakhtunkhwa (K-P). The agreement was signed by Economic Affairs Division Secretary In-charge Syed Ghazanfar Abbas Jilani and ADB Country Director Xiaohong Yang. It was …

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Pakistan’s economic growth on fast track

Pakistan becomes fifth fastest emerging economy: Iqbal Minister for Planning, Development and Reform Ahsan Iqbal has urged business leaders to play their due role in economic development of the country. “We, as leaders, have the responsibility to become ambassadors of Pakistan and show the spirit to take the country to new heights and into the ranks of top 25 economies …

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