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Renowned Economist Mirza Ikhtiar Baig says projects being set up under China-Pakistan Economic Corridor (CPEC) will prove to be a game changer for economy and industry of Pakistan.

Speaking in a programme of Current Affairs Channel of Radio Pakistan on Sunday, he said execution of these projects will bring prosperity not only to Pakistan but to the region.

Ikhtiar Baig said as a result of operation Zarb-e-Azb law and order situation in the country has improved, particularly in Karachi which is a commercial hub. He said Pakistan's credit rating has improved, mark-up has been reduced, discount rate lowered and foreign exchange reserves have increased.  He said these factors will help attract foreign investment in the country.

Mirza Iftikhar Baig said forty-six billion dollars committed by China under CPEC are not a loan, but investment. He stressed the need for timely completion of projects under CPEC .


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