AIRLINK 74.50 Decreased By ▼ -2.48 (-3.22%)
BOP 4.73 Decreased By ▼ -0.14 (-2.87%)
CNERGY 4.14 Decreased By ▼ -0.08 (-1.9%)
DFML 39.35 Decreased By ▼ -2.44 (-5.84%)
DGKC 84.90 Increased By ▲ 0.17 (0.2%)
FCCL 21.90 Decreased By ▼ -0.49 (-2.19%)
FFBL 30.21 Decreased By ▼ -1.24 (-3.94%)
FFL 9.25 Decreased By ▼ -0.10 (-1.07%)
GGL 10.40 Increased By ▲ 0.24 (2.36%)
HASCOL 6.33 Decreased By ▼ -0.08 (-1.25%)
HBL 108.25 Decreased By ▼ -0.35 (-0.32%)
HUBC 140.25 Decreased By ▼ -0.24 (-0.17%)
HUMNL 10.30 Decreased By ▼ -0.22 (-2.09%)
KEL 4.80 Decreased By ▼ -0.05 (-1.03%)
KOSM 4.42 Increased By ▲ 0.19 (4.49%)
MLCF 37.50 Decreased By ▼ -0.19 (-0.5%)
OGDC 124.64 Decreased By ▼ -2.00 (-1.58%)
PAEL 24.44 Decreased By ▼ -0.59 (-2.36%)
PIBTL 6.20 Decreased By ▼ -0.06 (-0.96%)
PPL 116.40 Increased By ▲ 0.11 (0.09%)
PRL 24.60 Decreased By ▼ -1.14 (-4.43%)
PTC 13.13 Decreased By ▼ -0.47 (-3.46%)
SEARL 55.99 Decreased By ▼ -0.60 (-1.06%)
SNGP 62.98 Decreased By ▼ -0.22 (-0.35%)
SSGC 9.87 Decreased By ▼ -0.11 (-1.1%)
TELE 7.99 Decreased By ▼ -0.01 (-0.13%)
TPLP 9.93 Decreased By ▼ -0.21 (-2.07%)
TRG 64.50 Decreased By ▼ -1.52 (-2.3%)
UNITY 26.66 Decreased By ▼ -0.17 (-0.63%)
WTL 1.32 Decreased By ▼ -0.01 (-0.75%)
BR100 7,718 Decreased By -55.6 (-0.72%)
BR30 24,778 Decreased By -185.7 (-0.74%)
KSE100 73,863 Decreased By -356.5 (-0.48%)
KSE30 23,691 Decreased By -88.1 (-0.37%)

Humayun Akhter Khan, CEO IPR in his opening speech thanked the speakers and said that China has been Pakistan's close partner and our recent economic cooperation through CPEC platform has brought great value. Our partnership is not at the expense of our traditional and close relationship with the US and the West. He said nothing is possible without the GDP, be increase in jobs, or reduced poverty, or investment in people or infrastructure.

Although the government is dealing effectively with the economic crises but certainly there is still room to improve the economy of the country ahead of the current government. This was said by the speakers during a discussion that was hosted by the Institute for Policy Reforms (IPR) in which the diplomat, economists and policy makers throw light on the shape of economy and suggest measures to improve it.

Dr Moeed Yousaf, Minister of State (MoS) and Special Assistant to Prime Minister on National Security and Strategic Policy Planning while to talking on the occasion said that priority should be given to improve the economy. In this regard the first priority is the safety of the people of the country. He said that he has suggested the Prime Minister Imran Khan to create economic diplomacy. And Ministry of Foreign Affairs and Ministry of Commerce should be engage in this regard and African zone are the best opportunity for Pakistan. China-Pakistan Economic Corridor (CPEC) is one the best step taken by the government and is sign of success. Ambassador of China in Pakistan Yao Jing said that development is key to success for Pakistan and China is taking every possible step to improve its economy. CPEC is a commercial project and stabilization of the economy depends on cooperation. With investments in road, railways and ports, the $60 billion CPEC offers enormous potential for Pakistan boost its economy, reduce poverty, spread benefits widely and help those likely to be affected by the new trade route, he added. It will contribute 3.5 per cent to Pakistan's GDP. Syed Yawar Ali, Chairman Nestle Pakistan while sharing his views said that the government should increase opportunity for the private sector. In this regard, Made in Pakistan should be first priority. Using the natural resources like Agriculture, live-stocks and energy, Pakistan can boost its economy.-PR

Copyright Business Recorder, 2020

Comments

Comments are closed.