Reinvigorating CPEC

In parallel with engaging the International Monetary Fund (IMF) for a more extensive, comprehensive 25th programme, Prime Minister Shahbaz Sharif’s government is poised to prioritise the China Pakistan Economic Corridor (CPEC). “As Pakistan enters the second decade of the flagship programme aligned with China’s ‘Belt and Road’ vision, the CPEC holds the promise of diversifying and broadening the manufacturing base, enhancing agricultural productivity and fostering technological advancements through human resource development. These endeavours aim to overcome developmental bottlenecks and pave the way for sustainable growth, ultimately delivering prosperity to the multitude,” a former federal minister and a prominent member of the PML-N economic team contends.