CPEC to boost dev, economic growth in Pakistan on sustainable basis: Economists

CPEC to boost dev, economic growth in Pakistan on sustainable basis: Economists

Eminent economists have said that CPEC offers a unique opportunity to boost development and economic growth in Pakistan on a sustainable basis.

They expressed these views during a launching ceremony of a report titled "The state of the Economy "CPEC Review and Anaylsis" in Lahore.

Speaking on the occasion, former Governor of State Bank of Pakistan Ishrat Husain said that total investment China has announced under CPEC is merely eight percent of Pakistan’s GDP.

Renowned economist Shahid Javed Burki said that CPEC project will bring greater integration of Pakistan’s backward areas into those that are more developed. 

He said that it will also link Pakistan with the global economic system from which it has remained relatively detached. APP/AFP