Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

CPI Preview: Inflation to fall below 14% YoY in May

Development in the wake of CPEC to be unprecedented in Pakistans history: Prime Minister

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Prime Minster, Nawaz Sharif, while returning from Beijing after attending the Belt and Road Forum said that Chinese investments will help Pakistan to increase their economic stability and activity. The Chinese investment can set a very strong foundation for Pakistan to strengthen her economy and compete on a regional level. He also said that development in a country can only occur if peace is achieved, and various steps have been taken to root out the state enemy elements.

He said the Chinese investment of $56 billion was helping the nation to build new motorways connecting all the federal units from west to east and north to south. He reiterated that a master plan of developing the railway system is also under operation to recover the long lost railway network. He said numerous power projects have reached near completion which would soon be operational and help Pakistan with the power crisis.

He also invited the nations which were reluctant to join the OBOR belt citing the lucrative nature of project. Those who will not join today will lag behind in the future, as project was solely aimed to strengthen regional ties, increase development and decrease poverty from the member nations. He said that projects were of utmost impost importance as the real beneficiaries of this project would only be the common people.

Posted on: 2017-05-16T10:32:00+05:00