Structural reforms introduced to stabilize economy: Finance Minister
Finance Minister Ishaq Dar says deep-rooted structural reforms have been introduced to stabilize economy.
He was talking to President of China Development Bank Zheng Zhijie in Beijing today.
Ishaq Dar said developmental spending has been doubled and social safety net expenditure tripled for the people who live below the poverty line.
He said mega projects in Pakistan of dams and water reservoirs for flood control and agriculture could also benefit from CDB financing.
Zheng Zhijie said CDB has seen great results of cooperation with Pakistan and hoped to achieve more support for further business expansion in the country.
He said China Pakistan Economic Corridor has opened up avenues of opportunities and the bank would continue to play an important role in CPEC.