CPEC holds special significance in country’s development: Hafeez


Islamabad, Nov 25 (TNS): Adviser to Prime Minister on Finance Abdul Hafeez Sheikh has said China Pakistan Economic Corridor project holds special significance for the development of the country.

Talking to the media persons in Islamabad on Monday, he said the CPEC envisages several important projects including those related to energy, basic infrastructure and the special economic zones.

Earlier, addressing Pakistan Innvoative Finance Forum in Islamabad, the Advisor said the government is committed to good governance, transparency and financial discipline to ensure ease of doing business in the country.

He said the economy of the country has been put on right path introducing effective reforms.

The Advisor said 16 percent improvement has been witnessed in revenue collection while non-tax revenue has been doubled due to the business-friendly policies of the government.

He said that the government has established a sustainable model of economic development and foreign direct investment and exports of the country have considerably increased.

Abdul Hafeez Shaikh said investment in Pakistani Bonds has reached one billion dollars.

He hoped that the country will surpass its economic growth target.

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