ISLAMABAD, Oct 20 (TNS): Interior Minister Ahsan Iqbal has said that World Bank has praised Pakistan for improved economic condition but warned that political instability in the country is dangerous for the economy.
Talking to a delegation of students in Islamabad on Friday, the Minister said an international journal has recently included Pakistan in five rising economies of the world.
He said despite attempts to impede the economic growth, the PML-N government still succeeded in achieving highest growth of last 10 years.
He added that Stock Exchange index also reached all-time high to historic 53000 points but due to political instability this trend could not be maintained. He said most of the foreign investment came to Pakistan through CPEC.
He said with projects of Energy and infrastructure new vistas of development will open in Pakistan.
Interior minister said connectivity through this mega project would enhance trade opportunities for Pakistan with 70 per cent of the international maritime trade via Pakistan’s two big ports of Karachi and the new Chinese built port of Gwadar.
Minister said Pakistan will soon become the choice destination for foreign investment.