Abb Takk News

Pakistan witness significant improvement in infrastructure, energy sectors: report

A business journal of Japan says that Pakistan has recently witnessed significant improvements in its infrastructure and energy sectors due to efforts by Prime Minister Nawaz Sharif.

Nikkei Asian Review in a report said Pakistan macroeconomic indicators were up across the board and relations with the US and the wider international community had improved.

It said the public order, which had long plagued the entire country, is normalizing due to military’s anti-terrorism campaign.

It further said the country is confidently projecting growth above five percent and consumer price index fell to 2.9 percent on average. The government’s annual deficit has fallen from 8.2 percent to 4.6 percent of GDP. The Asian Review said the ruling PML-N had focused on building infrastructure and public transportation systems.

It is said China Pakistan Economic Corridor project is a comprehensive infrastructure program that comprising totals 51 billion dollar projects mainly for building of power plants and roads, ports, railroads, airports which offers hope of spurring industry nationwide.

The report said that analysts foresee even a bigger majority for the ruling Pakistan Muslim League-Nawaz in 2018 elections