WB has termed political instability threat to economy: minister

Author: inp

ISLAMABAD: Interior Minister Ahsan Iqbal said on Friday that the World Bank had praised Pakistan for improved economic conditions, but warned that political instability in the country was dangerous for the economy.

Talking to a delegation of students in Islamabad on Friday, the minister said an international journal had recently included Pakistan in five rising economies of the world.

He said despite attempts to impede the economic growth, the Pakistan Muslim League-Nawaz government still succeeded in achieving highest growth of last 10 years.

“The Stock Exchange index also reached all-time high to historic 53000 points, but due to political instability, this trend can no longer be maintained. Most of the foreign investment came to Pakistan through CPEC,” he said.

Published in Daily Times, October 21st 2017.

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