Drastic steps required to revive economy

Amanullah Khan

Karachi

APBF president Ibrahim Qureshi said that only drastic steps can revive the economy, which should be grown significantly and constantly for visible impact, asking the authorities to take continued efforts, as CPEC is going to be a major opportunity to boost growth and development. The project could also be important to eliminate energy deficit, which had slowed down the economic growth in the country in past. With a view to consolidate the economic gains amid significant improvement in domestic security the All Pakistan Business Forum has recommended the government to keep on fixing major growth constraints to reap the potential benefits of China-Pakistan Economic Corridor (CPEC). He stressed the need for continued economic reforms with a view to achieve high growth target as more regulations in system require an enabling environment to promote business and attract foreign investment. Ibrahim Qureshi said that FDI improvement reflects the improvement in security situation, implying that investors had started coming back to Pakistan.

 

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