Economic development

There are quite a few developments on the front of country’s economy that need people’s attention; one of which is that the federal cabinet decided to review China Pakistan Economic Corridor (CPEC) project under which $ 28 billion projects are ongoing, $ 22 billion projects are energy-related while additional $ 46 billion projects are in the pipeline.

Another development shows that a meeting of Finance Minister Asad Umar with Auditor General of Pakistan (AGP) Javed Jahangir led to speculations of audit into payment of Rs 480 billion made by the then finance minister Ishaq Dar for settlement of circular debt in 2013.

Last but not least, Finance Minister Asad Umar has also said that the government has not yet decided to take a bailout package from International Monetary Fund (IMF). The situation shows that the government means business; I wish Asad Umar and his team best of luck.

Islamabad Kiran Khalid