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World acknowledges Pakistan's economic stability, says PM

Islamabad - "The economy of Pakistan is turning around and we have an impressive economic growth rate."

Prime Minister Nawaz Sharif has said that the world has acknowledged economic stability of Pakistan as the economic managers are committed and focused on providing an environment conducive to the private sector.
"The economy of Pakistan is turning around and we have an impressive economic growth rate," he said. He expressed these views during a meeting with President-designate of the Asian Infrastructure Investment Bank (AIIB) Jin Liqun.
Jin Liqun lauded the performance of Pakistan's economic team for improving the economic outlook of the country.
He assured that the bank would assist Pakistan in infrastructure projects and other economically-productive projects in a cost-efficient and effective manner.
The prime minister told the visiting dignitary that the government had invested a lot of resources in the energy and infrastructure projects with the help of China and work on various projects had already been started.
The prime minister said that linking Pakistan with the Central Asian Republics (CARs) through a quality road network was the government's priority as Gwadar was also being upgraded as a modern seaport to provide access to the landlocked CARs.
Jin thanked the prime minister for the support of his government and his personal support for establishing the AIIB.
Jin told the prime minister that the bank was specifically established to assist the Asian countries and that the majority of the shares of the bank were held by the Asian countries.
Meanwhile, Minister of Finance Senator Ishaq Dar has said that Pakistan would welcome the financing of the China-led Asian Infrastructure Investment Bank (AIIB) for the multi-billion dollar 4,500MW Diamer-Bhasha Dam.
"A consortium of the AIIB, International Finance Corporation (IFC) and Asian Development Bank (ADB) will finance Pakistan's much-needed Diamer-Bhasha Dam," said Ishaq Dar at a joint Press conference with Jin Liqun here.
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