ISLAMABAD: Federal Minister for Planning, Development and National Reforms Ahsan Iqbal has said that the perception and image of Pakistan at the world level is now being positively improved due to the great Pak-China economic partnership.
He was addressing a Pre-budget seminar in Lahore on Sunday. He said Pakistan has got a golden opportunity to develop and prosper its economy through the China–Pakistan Economic Corridor (CPEC) and it will have to avail this chance.
He said after completion of this Corridor project, Pakistan will be included in the Rising Economies. He said as compared to the economic situation in 2013 at the general elections, now country’s economy has recovered considerably due to successful government policies.
He said this economic turnaround has been given a positive recognition by all world financial institutions, banks and journals. He said Pakistan had also got opportunities to prosper in 1960’s and at start of 1990’s but we lost those chances to become a economic tiger, as political destabilization was the major cause behind that.
He said last year’s sit-in and protests had harmed the economic growth of country but now the situation has been recovered. He said internal stability and better law and order situation are pre-requisite for economic development and prosperity of any country and these will improve foreign investments in various sectors of Pakistan as well.
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