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Pakistan

National economy moving in right direction

Published December 19, 2016 Updated December 19, 2016 03:37pm

imageLAHORE: Economy Experts on Monday said that Pakistan would be among the developed countries of the world as its economic indicators are satisfactory.

Talking to APP, renowned economist Dr. Ashfaq Hassan said the PML-N government was paying special attention towards the development of different sectors including power, gas, education, health and roads.

The completion of road infrastructure in the country would definitely bring prosperity and development, he added.

Dr Ashfaq said the country's economy had been growing for a number of years and it was back on track to complete an IMF programme for the first time in its history.

Lahore Chamber of Commerce and Industries (LCCI)'s convener on standing committees on Customs, Dry Ports, Aftab Ahmed Vohra said that relative political stability, improving security situation, low inflation due to record low oil prices at international market and 42-year low interest rates were some of the contributing factors in creating an atmosphere ripe for international investment.

Copyright APP (Associated Press of Pakistan), 2016

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