Thursday, October 13, 2016
China Pakistan Economic Corridor to power Pakistan economy
Highlighting successes of the government policies, Prime Minister Nawaz Sharif yesterday said national economy is improving with every passing day, heralding a bright and prosper future of the country.
Chairing a high level meeting on energy and other development projects at Governor’s House here, he said the country has far better economic condition by virtue of the successful policies of the government today than it was three years ago when the PML-N took over.
“National economy has been put on the right track whereof country is fast getting economic stability, safety and security today which were missing three years back,” the prime minister remarked.
He told the participants that China Pakistan Economic Corridor (CPEC) was a huge project ushering in prosperity in the country. “Of $46 billion Chinese investment, $35 billion are being spent exclusively on power projects which after completion, will not only help overcome load shedding but also cut down cost of electricity to the benefit of the people,” he added.
Just fixing the load shedding problem and having reliable electricity will yield tremendous productivity gains for the Pakistan economy.