ISLAMABAD: *Pakistan economy can double to $700 billion by following’Bangladesh model’.*
Jahangir Akhtar, a veteran leader of the trading community, has supportedthe statement of a minister proposing to follow Bangladesh’s model toensure rapid economic growth.
“Development like Bangladesh is difficult but not impossible. Cooperationof the business community will be vital in this regard,” he remarked.
Talking to reporters on Thursday, Jahangir Akhtar said that the growth rateof Bangladesh is 8.13pc, while its currency is stable. “Its (Bangladesh’s)stock exchange capitalization is three times larger than that of Pakistan.”
Read Top Stories
He noted, “Bangladesh’s exports are almost double to Pakistan. Its GDP is$300 billion which will jump to $700 billion in the next eleven years. Incomparison, Pakistan’s GDP is shrinking to $280 billion.”
