CPEC: Pakistan economic growth to reach 7%:
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ISLAMABAD: Deputy Chairman Planning Commission Sartaj Aziz Wednesday said that despite securityissues, present government successfully increased the growth rate to 5 percentand it would further be increased by two to three percent after the completion ofChina Pakistan Economic Corridor (CPEC).
International institutions showed positive indicator for Pakistan’s economic situation andgovernment would leave no stone unturned to further increase the stable economiccondition, he said while addressing the inaugural session of a 2nd nationalconference on “Emerging Macroeconomics Issues in Pakistan; Challenges andFuture Perspectives” organized by the Department of Economics NationalUniversity of Modern Languages (NUML) here at NUML auditorium. Prof. Dr. NaheedZia Khan, Dr. Waqar Masood, deans, registrar, directors, faculty members andlarge number of students also attended the event.
Sartaj Aziz said that there were visible positive indicator of economic growth. He saidthat energy crisis and security issues destroyed the economic activities butnow the situation was improved. "Load shedding will be eliminated by the mid ofcoming year." He confessed that exports reduced due to certain reasons and thisissue would be resolved soon.
Earlier, Rector NUML Major General (r) Zia Uddin Najam welcomed all the distinguishedguests and said that Pakistan had 60 percent youth of its population but thisasset had become a liability due to the unavailability of resources. He saidPakistan had highest population growth rate which was also affecting the growthrate.
Eight research papers were presented by the scholars from the various universities andin closing session Member National Assembly Asad Umar was the chief guest andDirector General NUML Mohammad Ibrahim welcomed him.
