Pakistan has become fifth emerging economy of the World, claims interior minister

Pakistan has become fifth emerging economy of the World, claims interior minister
Shares

ISLAMABAD- Interior Minister Ahsan Iqbal has said China Pakistan Economic Corridor will be completed in three phases till 2030.

Addressing a ceremony in Lahore today, he said in first phase of CPEC, energy and physical infrastructure will be developed by 2020 in the country.

Interior Minister said government is taking concrete measures to overcome energy crisis and to improve infrastructure.

He said out of 46 billion dollars of CPEC, 35 billion dollars were to be invested on improving Pakistan's power sector. He said that Pakistan did not invest even a single penny on CPEC as all investment is being made by China. Ahsan Iqbal said investors from Europe, Middle East and other parts of world will start business in Pakistan which is proof of positive impact of CPEC on our economy .

He said a new middle class market is emerging in Pakistan as country will achieve the GDP target of 6 percent.

He said that CPEC projects will prove game changer for the economic progress of Pakistan as well as the region.

Talking to newsmen after inauguration of NADRA Executive Passport Office in DHA, Lahore, Interior Minister Ahsan Iqbal says Pakistan is the fifth emerging economy of world. The interior minister said the backbone of terrorism has been broken under operation Radd ul Fasaad and now foreign investors are investing in Pakistan.

To another question, Ahsan Iqbal said the prime minister is in contact with the opposition leader regarding the Caretaker setup.

Ahsan Iqbal said that we do not believe on any NRO and Inter Provincial Ministerial Commission should be formed in the light of 18th constitutional amendment.

He said that former President Pervez Musharraf will be provided security as per law. He said that former President should face court cases.

Economy