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18

Pakistan Sees Growth Surging to 7% as China Invests Billions

By Tony Seruga

Pak-China Khunjerab Pass, the world’s highest paved border crossing at 4,600 metres above sea level.

Photographer: Aamir Qureshi/AFP via Getty Images

Sharif goverment to complete IMF program ending in September
To sell national carrier, power companies after consultation

Pakistan will see its annual economic growth rate surge to 7 percent in two years as it reaps the benefits from China and others investing more than $40 billion in infrastructure, according to the Finance Ministry’s top bureaucrat.

Prime Minister Nawaz Sharif’s government is showing investors he’s serious about implementing economic reforms by heading toward completion of an International Monetary Fund loan program, Finance Secretary Waqar Masood Khan said in an interview in Islamabad on Wednesday…

Pakistan Sees Growth Surging to 7% as China Invests Billions

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