Saturday, April 14, 2018

Quote of the day

http://tns.thenews.com.pk/cpec-politics-inefficiency/#.WtK2LKDhU0M

Quote of the day

It was predicted that till 2018 there would be 2 per cent increase in the national GDP due to CPEC. It was calculated that for one per cent increase in GDP there is need of 3.6 per cent incremental investment. CPEC provided 5.4 per cent incremental investment. That means there would be 1.5 per cent increase in GDP.

Unfortunately, we missed that target and we are still at 5 per cent growth rate. Along with other reasons, poor planning and preparation led to lower growth in GDP.

✔Government and opposition parties remained busy in point scoring and credit war rather than putting efforts on policy and strategic interventions.

Shakeel Ramsey

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