DAVOS Jan 26 (TNS): Prime Minister Shahid Khaqan Abbasi has said Pakistan has achieved high economic growth with low inflation that is a positive scenario augmenting greater investor confidence,
He was speaking at a breakfast meeting arranged by the Pathfinder Group in Davos on Thursday.
The Prime Minister stated that Pakistan is privileged to be part of the visionary Chinese leaderships’ “Belt and Road Initiative”.
He said that CPEC will provide dividends for centuries to come in the shape of employment generation, industrial growth and connectivity.
He said that consolidation of democracy in Pakistan is a positive indicator and all institutions should work hand-in hand for development and stability of Pakistan.
Shahid Khaqan Abbasi said due to the hard work and commitment of our government, law and order situation has improved considerably and has restored investors’ confidence.
He said that Pakistan has been hosting around three million Afghan refugees since long which is the longest and largest refuge provided anywhere around the globe.
He emphasized that the world must acknowledge our efforts and sacrifices in fighting terrorism.
He said that Pakistan has been able to construct 1700 Kilometers of six lane motorways under CPEC, a target which many developed countries find hard to achieve.
He said Gwadar port is operational now and provides world class shipment and logistical facilities.
Talking to founder and Chairman of the World Economic Forum Professor Klaus Schwab in Davos, Prime Minister has said the country’s economic growth will reach six per cent this year.
Professor Schwab appreciated the efforts and measures taken by the present Government for registering a significant growth in the economy.
He also noted the size of young population of Pakistan and appreciated the Prime Minister’s focus on creating jobs for the youth.
