CPEC

CPEC, macroeconomic stability to increase investment in Pakistan: World Bank
Business & Commerce
CPEC, macroeconomic stability to increase investment in Pakistan: World Bank
The World Bank has said that the successful completion of an IMF-supported program enhanced macroeconomic conditions and foreign direct investment (FDI) in Pakistan. According to the World Bank’s “Global Economic Prospects: A Fragile Recovery” report for June 2017, growth in Pakistan is accelerating this year, largely driven by robust domestic demand and improved foreign direct investment. Furthermore, the China-Pakistan Economic Corridor (CPEC) infrastructure project, as well as a stable macroeconomic…