ISLAMABAD – Advisor to Prime Minister on Finance, Abdul Hafeez Shaikh hassaid that investment in Pakistani Bonds has reached $1 billion.
He hopes that the country will surpass its economic growth target, reportedRadio Pakistan.
Talking to the media persons in Islamabad, he said China Pakistan EconomicCorridor (CPEC) envisages several important projects including energy,basic infrastructure, and special economic zones. Sheikh further statedthat CPEC is significant for the development of the country.
Earlier, addressing Pakistan Innvoative Finance Forum in Islamabad, theAdvisor said the government is committed to good governance, transparency,and financial discipline to ensure ease of doing business in the country.
He said the economy of the country has been put on the right path thanks toeffective reforms.
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The Advisor stated that 16% improvement has been witnessed in revenuecollection while non-tax revenue has doubled due to the business-friendlypolicies of the government.
He said that the government has established a sustainable model of economicdevelopment and foreign direct investment while exports have increasedconsiderably.
