CPEC enjoys across-the-board support in Pakistan: Dar

ISLAMABAD: Minister for Finance, Senator Muhammad Ishaq Dar on Wednesday said that the China Pakistan Economic Corridor (CPEC) enjoyed across-the-board political and institutional support in Pakistan.

The minister was talking to a Chinese delegation on the sidelines of the Asian Development Bank (ADB)’s Annual Board of Governors Meeting in Frankfurt, Germany.

According to a message received here, the Finance Minister appreciated leadership and hard work of the Chinese Finance Minister and his team for establishment of Asian Infrastructure Investment Bank (AIIB).

He thanked the Chinese leadership for providing valuable support to Pakistan for different projects including projects under CPEC.

“As a result of Chinese support for mega projects including projects under CPEC, the interest of international development agencies and other private investors has increased manifold”, Dar added.

The Finance Minister particularly highlighted macro-economic reform agenda of the government that has resulted in revival of economy.

Chinese Finance Minister said that he was very pleased to know that Pakistan had made progress on the economic front.

China will do its best to support Pakistan in its different development initiatives, he added.

He was delighted to learn that the first batch of projects to be cleared by AIIB’s Board will include projects from Pakistan.

Ishaq Dar invited the Chinese Finance Minister to visit Pakistan.