Pakistan’s economy to grow by 5pc due to CPEC: Moody’s rating

Moody’s, an American business and financial services company has said that Pakistan’s economy has become stable, following the completion of IMF programme.

It further said that foreign exchange reserves swelled and reforms’ process underwent improvement. Due to CPEC, the economy will grow by 5 per cent in the next two years.

Investment is increasing in both energy and transport sectors of Pakistan.

The reform programme has led to an improvement in the economy of Pakistan. Loans burden on Pakistan is scaling up day by day but with an increase in revenue collection, this financial deficit can be reduced.

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